Trade Dollar - Japan

Japan

The Japanese Trade Dollar was a dollar coin, issued from 1875 to 1877. It was minted of 27.22 grams of silver with a fineness of 900 (90%). The Yen coin had 26.96 grams of silver at that time, and otherwise nearly identical in design to the trade dollar.

2,736,000 coins of this type were minted, the vast majority in 1876-77. When Japan introduced the gold standard in 1897, the silver 1 yen coins, including the trade dollars, were demonetized. The majority of the trade dollars were counterstamped with the character "gin" (Japanese for "silver"). The Osaka mint placed the mark on the left side of the reverse, the Tokyo mint on the right. The coins were then released for use in Taiwan, Korea and Southern Manchuria.

Read more about this topic:  Trade Dollar

Famous quotes containing the word japan:

    I do not know that the United States can save civilization but at least by our example we can make people think and give them the opportunity of saving themselves. The trouble is that the people of Germany, Italy and Japan are not given the privilege of thinking.
    Franklin D. Roosevelt (1882–1945)