# Ansei Ichibu Gin (安政一朱銀)
The Ansei Ichibu Gin is one of the last silver coins of the Edo period, with minting beginning in 1859 (Ansei 6). Its face value corresponds to one ichibu (1/16 ryo). With a weight of approximately 1.9g and a silver purity of about 98%, it is of exceptionally high quality. As it was issued during the tumultuous final years of the Edo period, it is also a fascinating coin type from a historical perspective.
From an investment analysis standpoint, the Ansei Ichibu Gin is one of the most recommended coin types for beginners as an Edo-period silver coin obtainable for several thousand yen (approximately 3,000–8,000 yen for average specimens). Even fine examples cost around 10,000–30,000 yen, making it easy to purchase multiple specimens at this accessible price point.
The issuance of the Ansei Ichibu Gin was rooted in the gold-silver exchange rate problem of the late Edo period. Following the conclusion of the Harris Treaty of Amity and Commerce between Japan and the United States in 1858, the differing gold-silver exchange ratios between Japan and overseas markets led to significant gold outflows. The Ansei Ichibu Gin was issued as part of monetary reforms to address this problem.
Looking at price ranges by condition: average specimens (F–VF) command 3,000–8,000 yen; fine specimens (VF–EF) cost 10,000–30,000 yen; choice specimens (EF–AU) fetch 30,000–80,000 yen; and uncirculated specimens (UNC) exceed 100,000 yen. Uncirculated examples are particularly scarce and highly prized among collectors.
Regarding future price movements, Ichitendo analyzes that Ansei Ichibu Gin prices are on a gradual upward trend. Over the past five years, average prices for mid-grade specimens have risen approximately 30%, representing annual returns of roughly 5–6%. This trend is expected to continue as younger collectors increasingly enter the market.
Regarding collecting enjoyment, it is worth noting that multiple varieties of the Ansei Ichibu Gin exist. There are subtle differences in the cherry blossom motifs on the obverse and variations in character placement on the reverse, offering ample opportunity for research. The ability to pursue variety studies at an accessible price point is another appeal of this coin type.
Source: https://www.ginzacoins.co.jp/