382

1923 Taisho Japanese 50 Sen Silver Coin Y-46

Currency:USD Category:Antiques Start Price:15.00 USD Estimated At:30.00 - 60.00 USD
1923 Taisho Japanese 50 Sen Silver Coin Y-46
ABSENTEE-ONLY BIDDING AVAILABLE. HIGHEST BIDS WILL BE TAKEN TO LIVE AUCTION FLOOR.

888 Auctions endeavors to accurately describe the items being sold, but all property offered for sale is strictly as is, where is, and with all faults. All representations or statements made by 888 Auctions and its representatives, or in the catalogue or other publication or report, as to the correctness of description, genuineness, attribution, provenance, or period of the Lot, are statements of opinion only.
1923 Japanese 50 Sen silver (.720) coin, obverse engraved phoenix and chrysanthemum, lettering Wu Shi Qian, reverse engraved sun, lettering Da Ri Ben, Da Zheng Shi Er Nian, Y-46, D: 23.37 mm. Fifty sen coins were first minted in 1870 during the reign of the Meiji emperor. The New Currency Act of 1871 stipulated the adoption of the decimal accounting system of yen with the coins being round and manufactured using Western machinery.[2] Although mintages numbered in the hundreds of thousands, it was reported in 1904 that fifty sen coins were not commonly seen in circulation. Production of silver coins stopped in 1938, and the coins were replaced by brass ones starting in 1946. The final fifty-sen coins were produced two years later, and the coin was eventually taken out of circulation at the end of 1953.