30 May 2019

Numismatic Economics

Collecting Tips | ANAStaff

Coins are special in many ways: as reflections of history, as miniature works of art and, of course, as popular collectibles. But there’s one way in which coins are perfectly ordinary—their prices are determined by the interaction of supply and demand. In the context of numismatics, supply refers to a coin’s scarcity or availability, while demand is determined by the level of collector interest.

29 May 2019

Japanese 12 Antique Coins Series - The Fourth Coin: The Ryuhei Eiho

Coins-World | Eikyu Tsuho

See more articles on my blog,blog.eikyutsuho.tk.The Ryuhei Eiho was the fourth Japanese ancient coin and was issued from 796 to 818. Denominated as one Ryuhei Eiho to ten Jingo Kaiho (the previous coin in circulation), these coins were cast in copper. Many varieties of the Ryuhei Eiho exist, and they pertain to the size of the coin and characters as well as differences in the calligraphy. Six varieties are listed in the JNDA catalog, seven varieties are listed in the Munro catalog, and nine varieties are listed in the Hartill catalog. The inscription "Ryuhei Eiho" roughly translates to "Eternal Treasure of Prosperous Peace." These coins were issued in the Enraku era (782 to 806) under Emperor Kammu. The year after the Ryuhei Eiho was released, in 797, the Japanese government issued a decree to stop the Japanese citizens from hoarding coins. In 798, the government issued another decree stating that if a citizen was found to be hoarding coins, their wealth would be confiscated, divided into five parts, and distributed with one fifth going to the informant and the rest to the government. Another decree was issued in 800, and removed the ability for a Japanese person to buy a higher status with money. The Ryuhei Eiho was cast in copper, issued from 796 to 818, and produced during a time when the Japanese government was cracking down on coin hoarding.

29 May 2019

Japanese 12 Antique Coins Series - The Third Coin: The Jingo Kaiho

Coins-World | Eikyu Tsuho

See more articles on my blog,blog.eikyutsuho.tk.The Jingo Kaiho, which was the third official Japanese coin, was cast from AD765 to 782. The characters Jin, Go, Kai and Ho are inscribed on the coins in a clockwise pattern. This inscription means "New Treasure of Divine Merit" according to the Munro catalog or "Inaugural Currency of the Jingo Era" according to the Hartill catalog. Since the Jingo Kaiho was denominated at one Jingo Kaiho to ten Wado Kaichin, some of the Japanese people were reluctant to exchange their hard- earned Wado Kaichin for Jingo Kaiho. Because of this, the Japanese government set a new exchange rate of one-to-one in 772, causing the Japanese citizens who had exchanged their Wado Kaichin for Jingo Kaiho to lose tremendously. The characters on the Jingo Kaiho are written by Kibi no Mabi, as with the Mannen Tsuho. Many varieties of the Jingo Kaiho exist: the JNDA catalog lists seven varieties; the Hartill catalog lists six; the Munro catalog lists five. These varieties pertain to whether the Kai character is open or closed, how the Go (or Ko) character is written and also the size of characters and rims. The pictures depict several of the main varieties, but many more subtle varieties also exist. Produced for 17 years, the third coin of Japan, the Jingo Kaiho, exists in many varieties.

29 May 2019

Japanese 12 Antique Coins Series - The Second Coin: The Mannen Tsuho (also the Taihei Genho and Kaiki Shoho)

Coins-World | Eikyu Tsuho

See more articles on my blog,blog.eikyutsuho.tk.The second of the twelve ancient coins was the Mannen Tsuho. Meaning "ten thousand years currency," Mannen Tsuho is inscribed on the obverse. Read from the top clockwise, the four characters are man, nen, tsu and ho. Cast in copper from 760 to 765 during the rule of Empress Junnin, the Mannen Tsuho was released alongside two other coins: the Taihei Genho and the Kaiki Sh oho. The Taihei Genho and the Kaiki Shoho were made out of silver and gold, respectively, but may not have been released into mass circulation. In fact, only one of each coin exists today. Interestingly, the calligraphy on these coins was created by a well-known calligrapher at the time, Kibi-no-Mabi, who is believed to have invented Katakana, a Japanese language system based on syllables. Further, several different calligraphic variations of the MannenTsuho exist. The Japanese Numismatic Dealer Association coin catalog lists three varieties pertaining to the nen character; theMunro coin catalog lists five varieties by distinguishing between the types of the feet of the ho character and also the width of the rim; the Hartill catalog lists four varie ties by distinguishing between two types of the tsu character. The main varieties of the nen character are shown in the Figures1, 2, and 3. Figure 1 depicts thehorizontal stroke nen, whereas Figure 2 shows a vertical stroke in the nen. Finally, Figure 3 shows a dot instead of a stroke in the nen. These coins were circulated at a rate of one to ten. That means that ten Wado Kaichins were exchanged for one Mannen Tsuho, ten Mannen Tsuhos were exchanged for one Taihei Genpo and ten Taihei Genpos were excha nged for one Kaigi Shoho.The Mannen Tsuho, the second of the Japanese 12 Ancient coins, was cast from 760 to 765 in copper and has several varieties.

29 May 2019

Japanese 12 Antique Coins Series - The First Coin: The Wado Kaichin

| Eikyu Tsuho

See more articles on my blog,blog.eikyutsuho.tk.

28 May 2019

It's a Law

Exonumia | DrDarryl

Almost mid-year and this is my first post of 2019! I've been extremely busy with my full-time career as an engineer. The document image (parts redacted) is research evidence that backs my research on Special Medals for US Government Agencies (aka special Government medals (sGm)!! I'm still researching this law and I don't want anyone to steal my thunder...There is a US Government law that authorizes departments (or agencies) to purchase and award honor awards. The US Mint accommodate this law by employing a function to manufacture special medals for US Government agencies. Another piece of this puzzle solved!


Money.org Blog and Forum Terms & Conditions of Use / Disclaimer

This is a community-sourced blog. Any views or opinions represented in this blog are personal and belong solely to the blog post’s author, and do not represent the views or opinions of the American Numismatic Association, and may not represent the views or opinions of people, institutions or organizations that the author may or may not be associated with in professional or personal capacity.

All content provided on this blog is for informational purposes only. The American Numismatic Association (ANA) makes no representations as to the accuracy or completeness of any information on this site or found by following any link on this site. The ANA does not monitor the blog on a constant basis.

The ANA will not be liable for any errors or omissions in this information, nor for the availability of this information. The ANA will not be liable for any losses, injuries, or damages from the display or use of this information.

Downloadable Files and Images

Any downloadable file, including but not limited to pdfs, docs, jpegs, pngs, is provided at the user’s own risk. The ANA will not be liable for any losses, injuries, or damages resulting from a corrupted or damaged file.

Blog/Forum Posts and Comments

In these terms and conditions, “user content” means material including without limitation text, images, audio material, video material, and audio-visual material that you submit to this website, for whatever purpose.

Blog/forum posts and comments are encouraged. However, the ANA reserves the right to edit or delete any blog/forum posts or comments without notice. User content deemed to fall under the following categories will be removed and may prompt disciplinary actions, including, but not limited to, review and suspension/revocation of blog and forum privileges:

  • User content deemed to be spam or questionable spam.
  • User content intended for commercial purposes or to buy, sell or trade items.
  • User content containing profanity.
  • User content containing language or concepts that could be deemed offensive.
  • User content containing hate speech, credible threats, or direct attacks on an individual or group.

In addition, user content shall not be illegal or unlawful, shall not infringe any third party’s legal rights, and shall not be capable of giving rise to legal action whether against you, the ANA, or a third party under any applicable law.

The ANA may terminate your access to all or any part of the website at any time, with or without cause, with or without notice, effective immediately. If you wish to terminate this Agreement or your Money.org account (if you have one), you may simply discontinue using the website. All provisions of this Agreement which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

The ANA reserves the right to display advertisements on your account and blog pages.

This blog’s terms & conditions of use / disclaimer is subject to change at anytime.

We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.