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Japan 1 Yen 1873 First National Bank (Tokyo) Pick 10. ...
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Sold on Sep 25, 2013 for:
$5,287.50
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Description
First National Bank (Tokyo) 1 Yen
Japan 1 Yen 1873 First National Bank (Tokyo) Pick 10We are proud to present what is the grandest collection of Japanese National Bank Notes gathered at auction in recent history. These notes are always popular, coveted, and beloved by both Japanese and American collectors. The Japanese National Bank System consisted of 153 banks established from 1872 to 1879 across Japan. Many of today's Japanese commercial banks can trace their roots to a National Bank.
Notes under this system were issued by the National Treasury, with bonds deposited with the Ministry of Finance, mirroring the contemporary National Bank system in the United States. Hence, this note has a striking similarity with National Bank Notes of the time.
This One Yen note was issued by the First National Bank, established in Tokyo in 1872. It has been a part of Teikoku Bank, First Bank, First Hypothec Bank, and today a part of Mizuho Financial Group. The right vignette shows General Tamichi with a ship on the left. The back vignette depicts the defeat of the Mongols at Hakata.
This is the first note from the First National Bank handled by a major American auction house in at least fifteen years. We are honored to have this note start this series of Japanese rarities. PMG Choice Fine 15 Net, repaired, foreign substance.
Auction Info
2013 September 25 - 27, 30 & October 1 Currency Signature Auction - Long Beach #3524 (go to Auction Home page)
Auction Dates
Sep-Oct, 2013
25th-1st
Wednesday-Tuesday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 2,140
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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