Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4026 17 & 19 Dec 2020
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Japan Bank of Japan 200 Yen ND (1927) Pick 37Bs JNDA 11-41 Specimen PMG Choice Uncirculated 63 Net. An incredibly rare and historically important Specimen, this type was issued as a result of Japan's 1927 financial crisis. Many factors in the preceding years came to fruition in 1927, which lead the Bank of Japan to issue their entire stock of new and circulated banknotes. The Bank of Japan closed for two days, and an emergency printing of 50 and 200 Yen banknotes ensued. They were hastily created in order to meet cash demands. Because of the haphazard and rushed printing method, the quality of these emergency issues was so subpar that the 50 Yen was never released. The 200 Yen were only issued for two days. This handsome Specimen is of that ill-fated emergency type. Red "Mi-hon" overprints and hole-punched cancellations are noted on this original example. A rusty paper clip dent and a few edge nicks do not detract from the overall appearance of this rare type. At the time of cataloging, there are only eight examples graded in the PMG Population Report. Only two examples have been auctioned publicly within the past decade. This is an important opportunity to acquire an incredibly rare Specimen from a financially disastrous time in Japanese history. https://currency.ha.com/itm/world-currency/japan-bank-of-japan-200-yen-nd-1927-pick-37bs-jnda-11-41-specimen-pmg-choice-uncirculated-63-net/a/4026-28248.s?type=CoinArchivesCurrency4026 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 12000-18000 USD
Japan Bank of Japan 200 Yen ND (1927) Pick 37Bs JNDA 11-41 Specimen PMG Choice Uncirculated 63 Net. An incredibly rare and historically important Specimen, this type was issued as a result of Japan's 1927 financial crisis. Many factors in the preceding years came to fruition in 1927, which lead the Bank of Japan to issue their entire stock of new and circulated banknotes. The Bank of Japan closed for two days, and an emergency printing of 50 and 200 Yen banknotes ensued. They were hastily created in order to meet cash demands. Because of the haphazard and rushed printing method, the quality of these emergency issues was so subpar that the 50 Yen was never released. The 200 Yen were only issued for two days. This handsome Specimen is of that ill-fated emergency type. Red "Mi-hon" overprints and hole-punched cancellations are noted on this original example. A rusty paper clip dent and a few edge nicks do not detract from the overall appearance of this rare type. At the time of cataloging, there are only eight examples graded in the PMG Population Report. Only two examples have been auctioned publicly within the past decade. This is an important opportunity to acquire an incredibly rare Specimen from a financially disastrous time in Japanese history. https://currency.ha.com/itm/world-currency/japan-bank-of-japan-200-yen-nd-1927-pick-37bs-jnda-11-41-specimen-pmg-choice-uncirculated-63-net/a/4026-28248.s?type=CoinArchivesCurrency4026 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 12000-18000 USD