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<p>[QUOTE=&quot;gxseries, post: 1808208, member: 4373&quot;]OMG STOP. </p><p><br /></p><p>Just because it&#039;s chopmarked does not necessarily mean that it&#039;s damaged and has lowered the value to scrap metal price. VERY wrong. This chopmark was done officially by Japanese officials - I would call it a redenomination from 1 Mexican dollar to 3 bu silver.&nbsp; </p><p><br /></p><p>If you do not realize the importance of this chopmark, you should read this. </p><p><a href="http://www.imes.boj.or.jp/cm/english/history/18C/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.imes.boj.or.jp/cm/english/history/18C/" rel="nofollow">http://www.imes.boj.or.jp/cm/english/history/18C/</a></p><p><a href="http://stacksbowers.com/Blogs/crossing-block-japan-ansei-trade-dollar.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://stacksbowers.com/Blogs/crossing-block-japan-ansei-trade-dollar.html" rel="nofollow">http://stacksbowers.com/Blogs/crossing-block-japan-ansei-trade-dollar.html</a></p><p><br /></p><p>To make it simple, it was one of those early era in between Japan and US trades where the Americans forced the Japanese to accept cheap inferior silver for higher quality Japanese silver coins at a ridicious exchange rate. This was then exchanged for gold coins. A lot of gold koban / oban coins were exported out of Japan this way and many of these were immediately destroyed as it was detrimental to the economy. This ridicious trade lasted for a mere year in 1859 / 1860. </p><p><br /></p><p>I have seen a poorer grade of this particular coin selling more than 10,000 dollars a couple of years ago and this QUITE scarce. </p><p><br /></p><p>Wlwhittler - would have been nice if you posted these coins here first and we could have guided you in a better direction. What were the other coins?[/QUOTE]</p><p><br /></p>

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