Japanese 1880 ¥2 Gold Coin Auctioned for ¥32.1 Million
An 1880 Japanese gold coin with a face value of ¥2 was expected to sell for millions when auctioned by Japan’s Finance Ministry. An article last Tuesday about the coin in The Japan Times Online said everything in its title, Ministry hopes 1880 ¥2 coin fetches 10 million times that. ¥20 million was the expected take.
Not bad for a small coin that is 16.97 mm in diameter and weighs 3.33 grams.
A noted coin dealer in Tokyo’s Ginza district, Toshio Takeuchi, chairman of Ginza Coins Co., was quoted as saying:
