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Japan to sell gold coins

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Friday, 10th December 2004 (9131 views)

Japanese gold coins that were confiscated during World War II are to be sold by the government.<br/><br/>Over 30,000 coins, which date back to 1870, will be sold after being kept in a vault in Japan's Ministry of Finance, according to SMH.<br/><br/>The coins were confiscated in the past by Allied forces, but were given back to Japan after signing the Treaty of San Francisco.<br/><br/>Gold currency was returned in 1959 but many of the coins remain in the treasury.<br/><br/>According to a Ministry of Finance spokesman the government is getting advice on the coins' value and how best to sell them.<br/><br/>At present an Internet sale is being considered and reports suggest there is currently a strong world market in gold coins from Japan.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7285879"/>

 

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