World coin from the Far East???

Discussion in 'World Coins' started by Jimmbob82, Sep 27, 2011.

  1. Jimmbob82

    Jimmbob82 Member

    Here's another world coin question. I got this coin from a local dealers junk box ( I guess he considers world coins junk becuase thats all what is in the box) for a very low price :cool:. I can't read the language that this coin is written in and was wondering where it came from and what it is worth. Pictures are below. All help will be appriciated!!

    09_27_1.jpg


    09_27_0.jpg
     
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  3. jlblonde

    jlblonde Señor Member

    Japanese
    1 Yen
    Yr. 32
    1948
     
  4. Collector1966

    Collector1966 Senior Member

    Showa Year 32 is actually 1957
     
  5. Jimmbob82

    Jimmbob82 Member

    Thank you for the info on where it came from and what year it is. (Its much older than I expected :smile.) Can you tell me what this type of coin would be worth in this condition?

    Thanks,
    Jimmbob82
     
  6. jlblonde

    jlblonde Señor Member

    You're right. I was thinking Yr 23
     
  7. Collector1966

    Collector1966 Senior Member

    There were nearly half a billion 1957 one-yen coins made, and they are still found in circulation here in Japan. In that condition, your coin is worth about 1.25 cents :)
     
  8. jlblonde

    jlblonde Señor Member

    Not much
    $0.01 to $0.16US
    Most dealers will pay $0.03 as part of a larger junk foreign collection or usually by the pound.
     
  9. Jimmbob82

    Jimmbob82 Member

    Well the way it sound from Collector I made my investment back and made a very good profit as well. Thanks for everyone's help on this coin I learned alot about it.

    Thanks again,

    Jimmbob82
     
  10. Collector1966

    Collector1966 Senior Member

    If you made a nice profit on that coin, congratulations. I would loooove to sell all my older aluminum one-yen coins for multiples of the exchange rate :)
     
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