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a large Japanese Meiji 20th year (1887) one-yen coin. Buyback | Gu Jin Jian Bao
a large Japanese Meiji 20th year (1887) one-yen coin. Buyback | Gu Jin Jian Bao
Large 1 Yen Silver Coin from Japan, Meiji 20 (1887): Historical Background and Collection Value
In the history of modern Japanese coinage, Japanese Dragon Dollars (i.e., Japanese silver dollars with dragon motifs) have always held a significant position. In particular, the Large 1 Yen silver coin from Japan, Meiji 20 (1887), enjoys an excellent reputation in the numismatic collecting community. 1887 was a special year because the Japan Mint made adjustments to its specifications during this period. Both "large" and "small" versions existed in this year, and the "large" version, due to its short issuance period and relatively small mintage, became a coveted target for many seasoned collectors.
For collectors interested in knowing the price of a Japanese Meiji 20 1 Yen silver coin, understanding its basic physical parameters is the first step in authenticating 1887 Japanese Dragon Dollars.
Meiji 20 "Large" 1 Yen Silver Coin: Basic Specifications and Physical Parameters
To provide collectors with a more intuitive understanding of this precious ancient coin, we have compiled the following standard data table, which also serves as an important basis for our professional silver dollar appraisal and acquisition:
| Specification Item | Detailed Parameter | Authentication and Collection Significance |
| Issuance Year | Meiji 20 (1887) | Possesses clear epochal characteristics and historical transitional significance. |
| Diameter | Approximately 38.6 mm | The key factor differentiating "large" and "small" (38.1mm). The Meiji 20 large silver dollar size is fundamental to its high value. |
| Standard Weight | Approximately 26.96 grams (g) | After a hundred years of circulation, a slight tolerance for wear is acceptable, but a significant deviation in weight strongly indicates a counterfeit. |
| Metal Composition | 90% Silver, 10% Copper | Ensures the hardness and circulation of the silver coin, while bestowing a unique soft patina and silvery luster characteristic of old silver coins. |
| Obverse Design | Flying dragon in the sky design, beaded rim, and denomination "416 ONE YEN 900" | The clarity of the dragon scales and the completeness of the dragon's whiskers are crucial for assessing condition. |
| Reverse Design | Chrysanthemum crest, paulownia and chrysanthemum branches, Chinese characters"Yi Yuan "(One Yen) and"Da Japan · Meiji Er Shi Year"(Great Japan·Meiji 20) | The spirit of the character strokes and the minting quality of the reeded edge are key breakthroughs for identifying high-quality counterfeits. |
Key Factors Determining the Market Value of "Meiji 20 Dragon Dollars" for Buyback
Many customers frequently ask: "Is my Japanese Dragon Dollar valuable?" In reality, high-priced buyback of old silver dollars is not based on a single standard. Even among large 1 Yen coins from 1887, market prices can vary by several or even tens of times due to differences in condition.
Below are the core condition grading factors that affect the buyback price of old coins:
| Grading Factor | Specific Performance and Condition | Impact on Buyback Value |
| Original Luster | Whether the coin surface retains its original cartwheel luster from the mint (commonly known as "original luster"). | Highly influential. Full original luster coins (e.g., PCGS/NGC graded MS level) are auction-grade and command top buyback prices. |
| Wear Level | The degree of wear on high points such as dragon scales, lettering, and chrysanthemum crests. | Significant impact. Excellent (XF) or Almost Uncirculated (AU) condition with full dragon scales and sharp lettering is highly sought after in the market. |
| Patina Condition | The natural oxidation color on the silver coin's surface, such as iridescent patina, rim toning, or even old patina. | Natural and aesthetically pleasing patina can significantly increase the coin's premium; conversely, traces of improper chemical cleaning (cleaned marks) will greatly diminish its value. |
| Damage and Marks | Whether the coin surface has deep scratches, edge nicks, or assay marks applied by early banks during circulation (e.g., ink marks, steel punches). | Severe nicks or dense marks will reduce its artistic appeal, thereby affecting the final instant appraisal of old coins and the buyback amount. |
Why Choose Us for Your Antique Silver Coin Valuation?
In today's antique market, genuine items are mixed with counterfeits, and varieties abound. If you possess a Japanese Meiji 20 Large 1 Yen silver coin inherited or acquired by chance, do not blindly wipe it or clean it with chemicals, as this may damage the original historical patina and lead to a significant loss in value.
We offer transparent and fair old coin buyback services. Whether it's an ungraded raw coin or a graded coin certified by international authorities like PCGS or NGC, we have extensive experience in appraising Japanese antique coins. Through scientific instrument measurements and years of discerning expertise, we provide precise quotes for your collectibles based on current market conditions, transforming your valuable assets into tangible wealth.
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Want to sell your silver dollars but unsure of the market price? WhatsApp 98342057 with photos, and we will reply immediately with an offer based on the latest market conditions. For more services, please browse our Buyback Product Series.

Frequently Asked Questions (FAQ)
Recycling process
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1) Clients should first provide basic information about their collections via WhatsApp (852) 98342057. You can also contact us directly via this link.
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2) We will provide a preliminary quote after receiving your information.
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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.
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4) Confirm the sale and make payment in various forms such as bank transfer or cash.
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