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September Signature Currency Sale 4025  18 Sep 2020
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Lot 28448

Starting price: 16 000 USD
Price realized: 25 000 USD
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World Currency
Japan Greater Japan Imperial National Bank, Tokyo #15 10 Yen ND (1873) Pick 13 JNDA 11-11 PMG Very Fine 20. A very rare and key note to any Japanese banknote collector. This Tokyo Branch #15 10 Yen from the 1873 Convertible Issue is the single graded example in the PMG Population Report. This denomination represented a huge sum of money at the time and the physical gold coin was preferred at this larger denomination level. Additionally, the convertibility of these notes was short-lived. They were eventually replaced by the 1877 to 1878 unconvertible issues. The front design features of this 10 Yen include two vignettes depicting Gagaku, the ancient imperial court music and dancing. The bank location of "Tokyo" is seen in the frame at center with the region listed directly above and the bank branch identification listed below. The back design features a large vignette depicting the legendary Empress Jingu (circa 200 A.D.) riding into battle. The vignette is flanked by the 1870 gold coin that represented the convertibility of the note. Although minor repairs and splits are present, the overall appearance and preservation of this 10 Yen remain highly desirable, especially at this rarity level. https://currency.ha.com/itm/world-currency/japan-greater-japan-imperial-national-bank-tokyo-15-10-yen-nd-1873-pick-13-jnda-11-11-pmg-very-fine-20/a/4025-28448.s?type=CoinArchivesCurrency4025 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved

Estimate: 16000-24000 USD
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