Skip to main content
Go to accessibility notice

    Description

    Fewer than Five Thought Extant

    Meiji gold Proof 10 Yen Year 13 (1880) PR64 Cameo NGC, Osaka mint, KM-Y12a, JNDA 1-2, JV-M4. Another classic gold rarity from the Meiji era, the 10 Yen was produced in a very limited quantity of only 136 pieces, with fewer than 5 thought to exist today. This particular specimen presents surfaces that glow with rich, amber tones and despite faint wisps that ultimately limit a full Gem designation, superb cameo contrast absolutely delights the eye. The finer of two known certified examples, the other, a NGC-graded PR63, bringing $253,000 as a part of our sale of the Norman Jacobs Collection in September 2011.
    From the Commander Collection

     

    ---More on the Meiji 13 (1880) Proof Set---


    On its existence...

    The Meiji 13 proof set is among the most significant numismatic items in the world, not only because of the incredible rarity of each of the set's components, but because of its presentation role, undeniably gifted to heads-of-state or high-ranking foreign liaisons during this infancy period of Japan's opening to the western world. These sets certainly played an integral role in the development of relationships, which ultimately would not only shape Japan as a nation, but the many nations who reciprocated in trade.

    On its rarity...

    While mintage figures for several of the denominations in proof have been recorded, and they are all tiny, their survival rate appears to be much smaller, alarmingly so in fact (with well below 10 of most denominations known), with other factors surely contributing to the set's extreme rarity. Perhaps the most likely scenario is that only a small portion of those struck were actually distributed, with the ungifted pieces either having been melted or even later finding their way into circulation. The appearance of several circulated specimens in our offering of the Norman Jacobs collection in 2011 would seem to support this theory. Further, the uneven published mintages, ranging from 77 (10 sen) to 179 (50 sen) [note: the rin, with a listed mintage of 810, while appearing seldomly, does seem to have been produced in regular circulating condition] would logically point to a maximum of 77 sets, with many duplicates becoming "unnecessary".  While we are aware of no fully intact sets, it seems inconceivable that these presentation coins, especially those not in gold, would have been officially distributed in any manner other than as a full set.

    On comparable numismatic items...

    There are few numismatic issues worldwide that compare in composition and stature to the Meiji 13 set, with the most well-known clearly being those struck by the United States during the administration of President Andrew Jackson in the mid-1830s. That set, produced for similar diplomatic reasons, contained 11 items (4 gold, 5 silver, 2 copper), including a small gold medal with the President's likeness and the individually-famous 1804 dollar. Similar in rarity, we know of only a single instance where this presentation remains "intact", that being the set gifted to the King of Siam. Kept from the public eye for over a century, the set re-surfaced in the late 1950s in London with the half dime and medal missing. Most recently, the set was sold in 2005 for $8.5 million. If re-offered today as individual pieces, both Dollar and Ten Dollar piece from this set alone, both dated 1804, would almost certainly eclipse the total previous set price.




    Auction Info

    Auction Dates
    January, 2017
    8th-9th Sunday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 2,118

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)
    Track Item
    Coming soon:

    Fine Art
    Opens about 10/19/2020

    Jewelry & Timepieces
    Opens about 10/23/2020

    Nature & Science
    Opens about 10/20/2020

    Fine Art
    Opens about 10/21/2020

    Manuscripts
    Opens about 10/23/2020

    Decorative Art
    Opens about 10/22/2020

    Fine & Rare Wine
    Opens about 10/23/2020

    Entertainment
    Opens about 10/26/2020

    Silver
    Opens about 10/27/2020

    Fine Art
    Opens about 10/28/2020

    Fine Art
    Opens about 10/29/2020

    US Coins
    Opens about 10/30/2020

    Comics & Comic Art
    Opens about 10/30/2020

    Ethnographic Art
    Opens about 10/30/2020

    Space
    Opens about 11/02/2020

    Movie Posters
    Opens about 10/30/2020

    US Coins
    Opens about 10/22/2020

    Photography
    Opens about 11/06/2020

    World & Ancient Coins
    Opens about 10/25/2020

    Currency
    Opens about 11/02/2020

    Fine Art
    Opens about 11/10/2020

    Fine Art
    Opens about 11/11/2020

    Comics & Comic Art
    Opens about 11/04/2020

    Fine Art
    Opens about 11/12/2020

    Decorative Art
    Opens about 11/13/2020

    Fine Art
    Opens about 11/13/2020

    Fine Art
    Opens about 11/13/2020

    Luxury Accessories
    Opens about 11/16/2020

    Arms & Armor
    Opens about 11/17/2020

    Entertainment
    Opens about 11/17/2020

    World & Ancient Coins
    Opens about 11/08/2020

    US Coins
    Opens about 11/07/2020

    Jewelry & Timepieces
    Opens about 11/13/2020

    Jewelry & Timepieces
    Opens about 11/09/2020

    Photography
    Opens about 11/26/2020

    Comics & Comic Art
    Opens about 11/12/2020

    Sports Collectibles
    Opens about 11/19/2020

    Decorative Art
    Opens about 11/20/2020

    Comics & Comic Art
    Opens about 11/23/2020

    Jewelry & Timepieces
    Opens about 11/25/2020

    US Coins
    Opens about 11/16/2020

    Rare Books
    Opens about 11/25/2020

    Fine Art
    Opens about 11/25/2020

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 35 days left to consign to the 2021 January 6 - 10 FUN US Coins Signature Auction - Orlando FUN!

    Learn about consigning with us

    Had we endeavored to sell it without your support, it would have taken us at least 10 lifetimes, i.e. it would have been impossible.
    Melinda L.,
    Greenville, SC
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search