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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.
The 500 yen coin (五百円硬貨, Gohyaku-en kōka) is a denomination of the Japanese yen. In addition to being used as circulating currency, this denomination has also been used to make commemorative coins struck by the Japan Mint. These coins are intended for collectors only and were never issued for circulation.
The Japan Mint (独立行政法人造幣局, Dokuritsu Gyōsei Hōjin Zōheikyoku) is an Independent Administrative Institution of the Japanese government, responsible for producing and circulating the coins of Japan. The agency has its head office in Osaka with branches in Saitama and Hiroshima.
While gold coinage couldn't be produced domestically in 1870, the mint at Osaka could produce silver coins which included denominations of 5, 10, 20, and 50 sen. [29] [30] None of these coins dated "1870" circulated until the Meiji government officially adopted the "yen" as Japan's modern unit of currency on June 27, 1871. [31]
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.
Common inscriptions for these coins include; "Great Japan" (大日本), the reigning Emperor's name (ex: 明治 Meiji), the value of the coin, and the year of the Emperor's reign. Obverse/Reverse – These refer to the front (o) and back (r) side of a coin. Struck/Strike – This is part of the minting process.
Coins for this period all begin with the kanji characters 令和 (Reiwa). The inaugural year coin (2019) was marked 元 (first) and debuted during the summer of that year. [43] One yen coins have not been minted for circulation since 2015. Those that are minted are intended for collectors who purchase them from the Japan Mint at a premium.
In 2021 (3rd year of reiwa) the Japan Mint produced a 0.25 oz gold coin to celebrate the 150th Anniversary of Japan's Modern Currency System. This coin is notable for being the first 5000 yen gold coin that was reduced in both weight and size, and the first 0.25 oz gold coin ever minted by Japan. [11] The set diameter of 30 mm and weight of 15 ...