A gem mint-state example of the Japanese Yen from it's initial mintage period. Exceedingly rare in MS65, this beautiful coin exhibits intense luster befitting of the grade.
This coin carries the Type 1 "Yen" symbol on the obverse and has the border around the inner sun on the reverse.
While the coin is dated Meiji 3 and indicated as 1870 by PCGS and NGC, these early Yen were actually minted between Meiji 3 and Meiji 5 and did not enter circulation until 1871.
