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JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (21.32g), Isinohama mint, VF

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:70.00 USD Estimated At:75.00 - 100.00 USD
JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (21.32g), Isinohama mint, VF
SOLD
110.00USD+ (22.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Nov 08 @ 14:05UTC-8 : PST/AKDT
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JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (21.32g), Isinohama mint, H-6.27, JNDA-138.1, small characters variety, cast 1862-63, VF. The 100 mon Ryukyu Tsuho coin was an oval-shaped coin modeled after the Japanese Tenpo Tsuho coin of the same denomination. Like the Tenpo Tsuho, its face value was placed at 100 mon, but its weight was merely 6 to 7 times that of a 1 mon coin. Despite this, Satsuma Domain ordered that it would circulate at the value of 124 mon, which made it a profitable coin to manufacture, but this made the coin unpopular in circulation.