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Japan, gold koban (1 ryo), Hoei/Shotoku era (1710-14), PCGS AU58.

Currency:USD Category:Coins & Paper Money / World Coins - World (H-O) Start Price:10,000.00 USD Estimated At:10,000.00 - 20,000.00 USD
Japan, gold koban (1 ryo), Hoei/Shotoku era (1710-14), PCGS AU58.
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Japan, gold koban (1 ryo), Hoei/Shotoku era (1710-14), PCGS AU58. JNDA 09-15; Fr-11. 32mm x 60mm; 9.40 grams. Obverse with crenulations in field, calligraphy in two rectangles and two fan-shaped cartouches at ends; reverse with four Japanese-character hallmarks. Attractive spots of red toning here and there. The Hoei era spanned from March 1704 through April 1711; the Shotoku era followed from April 1711 through June 1716. The reigning emperors were Higashiyama (1687-1709) and his son Nakamikado (1709-35). KM reports that koban of this type are struck in 0.8340 fine gold. These pieces are generally rare and highly sought, especially in certified high grade as here. PCGS #38650643.