Steve Sly Japanese Works of Art has dated this piece to the 1880s.

Literature :
Ryujin, the Dragon King of the Sea, calls upon his physician, an octopus , to attend to his daughter who has taken ill, the Octopus prescribes the liver of a Monkey as a remedy, according to the legend, the Octopus dispatches his rival, a Jellyfish (who at the time had bones and a carapace, much like a Tortoise) to capture a Monkey. The jellyfish obliges, but en route back to the King, the Monkey persuades the Jellyfish that he didn't have his liver on him at the moment, but if they could return to the shore, they could surely retrieve it. The Monkey escapes and when the Jellyfish returns to the palace, Ryujin soundly beats all of the bones out of the Jellyfish. This netsuke by-passes the role of the poor Jellyfish in the story, and instead shows the captured Monkey placing his handS on the tentacleS of the octopus as if to say, 'oh no, I'm sorry I don't have a liver at all' while the Octopus-physician contemplates the monkey's compelling claim !!

Provenance:
Long standing North of England Collection.
Condition report:
Lovely original used condition.
Approximate size:
Height: 1.5" 3.8 cm
Width: 1.7" 4.3 cm
Depth: 1.1" 3.0 cm
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Steve Sly Japanese Works of Art has dated this piece to the 1880s.
Specialists in japanese works of art from the meiji period 1868-1912
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