T3 1914 Japan Yen NGC AU DETAILES Cleaned 1 Yen Silver Coin Issued under the New Coinage Act of 1871 (Meiji 4), this silver coin was minted exclusively for foreign trade purposes. Production continued until 1914 (Taishō 3), and the coin circulated mainly in Taiwan and China. The coin has a fineness of .900 silver and .100 copper, with a weight of 26.96 grams (416 grains). It is classified into Large Type and Small Type versions. Although both types share the same weight, they differ slightly in diameter: the Large Type measures 38.6 mm, while the Small Type measures 38.1 mm. The Large Type was produced until 1887 (Meiji 20), after which the Small Type replaced it and was manufactured from 1887 to 1914. At the time of minting, shortly after the Meiji Restoration, Japan’s minting technology was not yet fully established. The government initially sought guidance from the United Kingdom; however, the dragon design created by Natsuo Kano, which had been brought as an original draft, received high praise, leading to domestic production in Japan. From 1878 (Meiji 11), circulation of the one-yen silver coin was also permitted within Japan. Due to insufficient gold reserves, it effectively became the de facto standard currency under the nominal gold standard, resulting in a bimetallic system that functioned in practice as a silver standard. With the enforcement of the Currency Act of 1897 and the resumption of gold convertibility, the exchange of one-yen silver coins for gold coins and their withdrawal from domestic circulation were decided. However, following the Sino-Japanese War, these coins continued to circulate widely in Taiwan and Korea, making immediate demonetization impractical. As a temporary measure, a “maru-gin” (circle silver) countermark was stamped to the left or right of the characters “一圓 (One Yen)”, permitting circulation only in overseas territories. After Taiwan became Japanese territory in 1897, circulation of the one-yen silver coin continued there. Coins produced for overseas and foreign use—including those dated Meiji 34 (1901) and later, which were not legal tender in Japan—were sometimes referred to as “round silver bullion.” Minting of these coins continued until 1914. (G) Shipping method：EMS(Japan Post) Since the item will be shipped from Japan, customs duties may apply upon arrival. For more details, please refer to the following link: https://www.catawiki.com/en/help/fees/do-i-have-to-pay-customs-fees If the item is returned due to unpaid customs duties, no refund will be issued.