1997  One Ounce Silver $1 Kookaburra & Chick - 'Old Type' Japanese Gold Yen Privy


Obverse:Queen Elizabeth II - Design by Raphael Maklouf.
Legend: ELIZABETH. II. AUSTRALIA 1 DOLLAR
Reverse:Kookaburra & Chick - Design by Jovan Radanovich.
Legend: THE AUSTRALIAN KOOKABURRA 1 OZ. .999 SILVER - 1997
Edge:Reeded - continuous mill - 250 Serrations.
Weight:31.635 grams.
Size:40.60 mm (diameter) 4.00 mm (thickness).
Composition:.999 Fine Silver.
Silver Content:1.00 oz.
Mintage:Perth - Limit: 2,500.
Mintmarks:'Old Type' Japanese Gold Yen Privy Mark on reverse.

Valuation :
1997 One Ounce Silver $1 - Kookaburra & Chick - 'Old Type' Japanese Gold Yen Privy

Uncirc.
200275

Notes:

By the late 19th century, an increasing number of major European countries had adopted the gold standard. In keeping with this trend, the Japanese Government enacted the New Currency Act of 1871, under which standard gold coins containing 1.5 grams of pure gold per 1 Yen were minted by modern western production methods.

The reverse design of the 20 Yen gold coin was created to emphasise the dignity of the Emperor and incorporated the most important Imperial symbols. The centrepiece of the design featured the Imperial crest of a chrysanthemum and paulownia leaves. At the top of the coin was the symbol of the rising sun, with a paulownia flower depicted at the bottom. At either side of the design the imperial flags were shown.

Since then, the Yen has become the recognised currency of Japan and the designs used today are more modern in appearance. For this reason, the original 20 Yen coin is referred to as an 'Old Type' and it holds a significant place in Japanese numismatic history.

The 'Old Type' 20 Yen coin is featured on a pure gold insert on this limited release of the 1997 Australian Kookaburra silver coin.

Source: Certificate accompanying the 'Old Type' Japanese Yen Privy Mark 1oz Silver Kookaburra coin.

The 1997 one ounce 'Old Type' Japanese Gold Yen Privy market $1 silver coin was distributed, encapsulated, in a black leatherette, hinged-lid presentation case and accompanied by a numbered certificate.


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