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Stephen Album Rare Coins
Online Auction 7  4 May 2020
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Lot 301

Starting price: 65 USD
Price realized: 90 USD
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JAPAN: RYUKYUS: Bunkyu, 1861-1864, AE 100 mon, H-6.27, Cr-100, ryu kyu tsu ho (Ryukyu Currency) // to hyaku (value one hundred), stamped in two places on edge with the first syllable sa for the Satsuma clan, cast 1862-63, VF. This type was minted in Bunkyu in years 2-3 (1862-63) by the Shimazu clan at Isonohama, near Kashogima, the political center for Satsuma and also for the Ryukyu. Ryukyu traders and emissaries frequented the city, and a special Ryukyu embassy building was established there. The coins were originally intended for trade with the Ryukyu, but apparently were little used there. It is said that their production was a smokescreen to hide the production of illegal Tempo Value 100 coins. It's nominal value of 100 mon soon declined to 88 mon. This issue is recognized as being part of an Asia-wide inflationary period that began in China during the Tai Ping Rebellion.

Estimate: 80-100 USD
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