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Stack's Bowers & Ponterio
January 2017 NYINC Auction  12-14 January 2017
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Lot 1216

Starting price: 1800 USD
Price realized: 2400 USD
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JAPAN. Great Imperial Japanese National Bank. 5 Yen, ND (1878). P-21. PMG Very Fine 30 Net. Closed Pinholes.
This rare series seldom is available for collectors and we have only handled this 5 Yen denomination a handful of times. The note is part of the short lived 1877-78 series with only the 1 and 5 Yen denominations issued. This 5 Yen piece is VF quality, but still retains very pleasing detail and is mentioned with only a minor repair which we cannot locate looking through the encapsulation surface. The last VF 30 we offered realized $7,170.00 as lot 53386 in our August 2012 Hong Kong sale. An important opportunity. PMG Very Fine 30 Net. Closed Pinholes.

Estimate: $3000.00- $5000.00
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