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a 1908 Japanese Dragon Silver Coin Buyback | Gu Jin Jian Bao

a 1908 Japanese Dragon Silver Coin Buyback | Gu Jin Jian Bao

The Meiji 21st Year (1888) 1 Yen Silver Coin, also known as the "Japanese Dragon Silver," is one of the important currencies of Japan's Meiji period, issued in 1888 (Meiji 21st Year). The obverse features a coiled dragon, symbolizing strength and authority, with the words "Great Japan" inscribed on the outer ring, indicating the coin's country of origin, and the year "Meiji 21st Year" (1888), indicating its issuance year. The reverse features the denomination "One Yen" in the center, surrounded by decorative cherry blossom wreaths and chrysanthemum emblems. The chrysanthemum is a symbol of the Japanese Imperial Family, representing the official nature of the silver coin.

Meiji 21st Year 1 Yen Japanese Dragon Silver: Specifications and Authentic Data Analysis

For collectors, understanding the weight and dimensions of a Japanese Dragon Silver 1 Yen coin is the first step into collecting old silver coins. The Meiji 21st Year (1888) 1 Yen Dragon Silver coin adheres to strict national standards in its minting process. Below are the detailed physical specifications for this edition, which serve as an important reference for our initial assessment when purchasing ancient coins at high prices:

Specification Item Detailed Data and Description
Standard Weight 26.96 grams (approximately 7.2 qian of Kuping tael)
Coin Diameter Approximately 38.1 mm
Coin Thickness Approximately 2.5 mm
Metal Composition 90% Silver, 10% Copper (i.e., .900 fine silver)
Edge Milling Feature Reeded edge (neatly crafted, even spacing without misalignment)
Issuing Authority Japan Mint (Osaka)

How to Authenticate Japanese Dragon Silver: Three Core Appraisal Techniques

As the price of the Meiji 21st Year Dragon Silver continues to rise in the antique market, many counterfeits have appeared. To protect your interests, the professional appraisal team at [Gu Jin Jian Bao] shares the following practical methods for distinguishing authentic Japanese Dragon Silver from fakes:

  • Precise Measurement of Weight and Dimensions: The most direct manifestation of an authentic Dragon Silver coin's characteristics is its weight. After centuries of circulation, genuine coins typically weigh between 26.7 and 26.96 grams. If the weight deviation is too large (e.g., below 26.5 or above 27.5 grams), or if the thickness is significantly inconsistent, it should be highly suspected as a modern sand-cast or poured counterfeit.
  • Observe Dragon Scales and Font Details: Use a magnifying glass to examine the dragon pattern on the obverse. Authentic coins, produced by high-pressure steel dies, feature a majestic dragon head and distinct, multi-layered scales. The characters for "Great Japan" and "Meiji 21st Year" have sharp edges without adhesions. Counterfeits typically have blurry, flat dragon scales and slightly bloated or overflowing metal edges on the characters.
  • Sound Test and Edge Examination: Gently tap an authentic silver coin, and it will produce a clear, prolonged, and gentle pure silver resonance sound. If the sound is dull or extremely harsh, it may contain lead, zinc, or other cheap metals. Furthermore, the reeded edge of an authentic coin undergoes fine chamfering, making it smooth to the touch and not scratchy.

Key Factors Affecting the Acquisition Price of Meiji 21st Year Dragon Silver

Many customers often ask, "How much is my old silver coin worth now?" In fact, the market value of Dragon Silver, in addition to being affected by fluctuations in international silver prices, depends more on the coin's "condition."

  1. Original Mint Luster: If the coin's surface still retains its original cartwheel luster from the mint and has not been excessively worn, its value in the high-price acquisition market for old coins will increase exponentially.
  2. Patina: The natural oxidation patina that forms over time (such as the common rainbow or circular toning) is a mark of age and can significantly increase the willingness of experienced collectors to purchase. Important: Never use silver polish cloths or chemical agents to clean old silver coins, as damaging the original patina (commonly known as "cleaning coins") will severely diminish their market value.
  3. International Grading Certification (PCGS / NGC): If your coin has been authenticated and encapsulated by an authoritative international organization (i.e., a graded Dragon Silver coin), and has received a high grade such as MS (Mint State, uncirculated), its premium and liquidity in the auction market will be extremely significant.

If you have an old Meiji silver coin passed down from an elder but are unsure of its actual value, please contact us for a professional in-person appraisal to ensure your collection reflects the true market value.


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Frequently Asked Questions (FAQ)

Q: How is the recycling price for gold jewelry of different purities determined?

A: Gold jewelry is priced by purity: 999 pure gold is calculated at 100%, 22K at approximately 91.6%, 18K at approximately 75%, and 14K at approximately 58.5%. Gujin Jiantao uses an XRF fluorescence spectrometer to verify purity on-site and weighs each piece separately, avoiding mixed calculations.

Q: Can I get paid immediately after recycling my gold jewelry?

A: Yes. After Gujin Jiantao completes the appraisal of your gold jewelry and both parties confirm, small amounts are paid in cash immediately. Larger amounts can be transferred instantly via bank transfer or FPS (Faster Payment System).

Q: If gold jewelry is non-magnetic, does that guarantee it's pure gold?

A: Magnetic testing can only provide an initial assessment but cannot identify tungsten-cored fakes. Gujin Jiantao always uses both an XRF fluorescence spectrometer and specific gravity testing to verify gold jewelry, ensuring accuracy.

  • 1) Clients should first provide basic information about their collections via WhatsApp (852) 98342057. You can also contact us directly via this link.

  • 2) We will provide a preliminary quote after receiving your information.

  • 3) Both parties agree on a time and place (on-site inspection is available) to inspect the collection. We will provide a precise quote based on the actual condition of the collection.

  • 4) Confirm the sale and make payment in various forms such as bank transfer or cash.