Japan 1914 (T3) 20 yen

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Sincona sale 54, lot 788
This specimen was lot 788 in Sincona sale 54 (Zurich, May 2019), where it sold for 2,800 CHF (about US$3,332 including buyer's fees). The catalog description[1] noted,
"Yoshihito, 1912-1926. 20 Yen Jahr 3 (1914), Osaka. KM Y40.2. Fr-53. Selten in dieser Erhaltung. NGC MS66. (empire of Japan, Yoshihito, 1912-26, twenty yen of the year 3, Osaka mint. Rare in this condition, superb Uncirculated.)"
This type was struck during the Taisho era in considerable numbers but remains scarce today. The type was terminated in 1920. It seems likely that most of the issue remained in government hands as backing for currency until the inflation of World War One ended any likelihood of circulating the coin.

Recorded mintage: 1,042,890.

Specification: 16.66 g, .900 fine gold, .482 troy oz AGW.

Catalog reference: Fr-53; KM-Y40.2.


  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • The Catalog of Japanese Coins and Banknotes, Tokyo: JNDA (Japanese Numismatic Dealers Assn.), 2014.
  • [1]Richter, Jurg, Sincona Auction 54: Gold Coins and Medals, Zurich: SINCONA AG, 2019.

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