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The obverse side of all coins shows the coin's value in kanji characters as well as the country name (through 1945, Dai Nippon (大日本, "Great Japan"); after 1945, Nippon-koku (日本国, "State of Japan") (except for the current 5-yen coin with the country name on the reverse).
In 760, a reform was put in place, in which a new copper coin called Man'nen Tsūhō (萬年通寳) was worth 10 times the value of the former Wadōkaichin, with also a new silver coin named Taihei Genpō (大平元寶) with a value of 10 copper coins, as well as a new gold coin named Kaiki Shoho (開基勝寶) with a value of 10 silver coins.
The 500 yen coin (Japanese: 五百円硬貨, Hepburn: Gohyaku-en kōka) is the largest denomination of Japanese yen coin issued for circulation. These coins were first struck in 1982 as the vending machine industry needed a higher valued coin for use in their machines.
Japan's first formal currency system was the Kōchōsen (Japanese: 皇朝銭, "Imperial currency"). It was exemplified by the adoption of Japan's first official coin type, the Wadōkaichin. [11] [12] It was first minted in 708 CE on order of Empress Genmei, Japan's 43rd Imperial ruler. [11] "
The value of any given coin is determined by survivability rate and condition as collectors in general prefer uncleaned appealing coins. The first ten yen coins were made from 1871 to 1892 with coins dated 1871, 1876, 1877, 1880, and 1892 using a dragon design.
Japanese coinage was reformed in 1948 with the issue of a brass one-yen coin. 451,170,000 coins were minted until production stopped in 1950. [18] The obverse of these brass coins features a numeral "1" with "State of Japan" above, and the date below, while the reverse reads "One Yen" with a floral pattern below it. [ 18 ]
These coins would become the daily currency of the common people and would be used for small payments. [16] [17] [18] Due to the isolationist policies of the Tokugawa shogunate, the outflow of currency halted and Kan'ei Tsūhō coins would continue to stay the main coin circulating in Japan.
The 100 yen coin (百円硬貨, Hyaku-en kōka) is a denomination of Japanese yen.These coins were first minted in 1957 using a silver alloy, before the current design was adopted with an alloy change in 1967. [1]
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