Watch List notes:

Japan. Mutsuhito (Meiji). (1867-1912). 20 Yen, Meiji year 3 (1870). Dragon curled within beaded circle, legends around, rev. Sunburst crest superimposed on Sacred Mirror flanked by banners, chrysanthemum above, pawlonia crest below. Fr.45, Y.13. NGC MS 64. A handsome example of this Rare and very popular type, the largest of modern Japanese gold issues.