Wednesday




Many cash coins go unsold on Yahoo Japan Auction




Perhaps due to bad economy, or collectors scared of getting stuck with fakes, nothing much sell these days. Most listings are run-of-the-mill stuff that collectors do not want. However, when rare items are listed, not many bidders seem to bother. Most sellers, 99.9% of them, will accept no returns. On top of that, they will state that no negative feedbacks should be left for sellers. In order to bid, bidders must acknowledge those terms. Sellers state that bidders should judge for themselves according to the photos. The problem is most of those photos are taken 2 feet away and coins are in 2x2 stapled holders!



I did find a very interesting lot of four coins, Kanei Tsuho 4 mon seed coins recently (see photos). The seller says, "寛永通宝の仰寶、仰寶米刻印、背盛、背盛米刻印の母銭4種を合わせて出品します." The first one is common, being a seed of a very common iron issue (bottom right). The second one (top right) is the same as above, except that it is counterstamped. This is a rare coin. The third coin (bottom left) is also a common seed. The fourth coin (top left) is another counterstamped coin with Morioka mint reverse. This, too, is a rare coin. All of these coins look kosher, and I see no problem with them. The two common ones are worth $200-250 as a pair, but with "yen" being so costly today, adjustment should be made. Anyways, the seller had a "buy now" price of 250,000 yen ($2,700 in today's rate).

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Ed.'s Note:

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2 comments:

John said...

I have had a better experience buying direct from some dealers in Japan directly, but most also don't want to ship outside Japan so I either use a shipping service or have a friend reship them for me from there. Yahoo auctions are a hassle to order from especially if you are paying with a foreign credit card.

ME said...

I used to buy a whole lot from Yahoo auction using a Japanese bank for "furikomi" (bank to bank cash transfer) and have the items shipped to wife's parents there (by the way, those sellers hardly ever ship outside of Japan, and they never take US credit cards..Then I would visit Japan twice a year to pick up two suitcases full of items. That was before the airfare and hotel prices skyrocketed and before people living there started to sell on eBay.