1st class Order of the Sacred Treasure awarded to Paul Volcker in 1988

This set was awarded to famous American economist Paul Adolph Volcker Jr. /September 5, 1927 – December 8, 2019/ in November 1988. Paul Volcker served as the 12th chairman of the Federal Reserve from 1979 to 1987. He previously served as the president of the Federal Reserve Bank of New York from 1975 to 1979.

Typical set with "trident" breast star from late 1980s https://asiamedals.info/threads/trident-breast-stars-of-the-order-of-the-sacred-treasure.25703/
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Badge width 63.5 mm.
Weight 70.7 g.
Marked JF https://asiamedals.info/threads/two...it-marks-on-japanese-orders-and-medals.13720/

Breast star size 76 mm.
Weight 103.7 g.

Original case.

 

November 2, 1988


TOKYO (AP) - Economist Paul Volcker, former chairman of the U.S. Federal Reserve Board, will be honored next week by the Japanese government with one of its highest honors, the Foreign Ministry announced Thursday.

Volcker will receive the Grand Cordon of the Order of the Sacred Treasure, joining seven other foreigners and 16 Japanese in receiving the award.

The government bestows the Grand Cordon annually for outstanding scientific or cultural contributions, and for promoting relations between the recipients’ countries and Japan.

Volcker is being honored for his contributions to stabilizing the economic and financial structure between the United States and Japan, the Foreign Ministry said. Another American, James Tobin, a 1981 Nobel Prize winner in economics, also will receive the Grand Cordon.

The recipients are scheduled to be decorated by the Crown Prince Akihito at a ceremony next week in the Imperial Palace.​

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