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JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (22.15g), VF

Currency:USD Category:Coins & Paper Money / World Coins - Asia & Middle-East Start Price:75.00 USD Estimated At:100.00 - 120.00 USD
JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (22.15g), VF
SOLD
95.00USD+ (19.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Jul 12 @ 12:07UTC-7 : PDT/MST
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JAPAN: RYUKYUS: Sho Tai, 1848-1879, AE 100 mon (22.15g), H-6.28, JNDA-138.1, large characters, 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.