500 Yen Coin

Never spend a 500 yen coin. Even if something cost exactly 500 yen, and I had a coin handy, I would never use it. These coins became like my kryptonite. Some days I'd have like 5 or 6 at the end. If all are 500 300,000 collect the coins of 500 yen, it saves 300,000 It was all good, my new financial plan. Photo about Detail of a 500 yen coin on a wooden surface. Image of financial, business, currency - 8094.

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  2. 500 Yen Coin Size
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The Japanese government has announced a new design for the ¥500 coin. The updated version, slated to hit pockets in fiscal 2021, retains the familiar paulownia design but adds a two-tone look and features like microlettering to thwart counterfeiters.
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On April 9, Finance Minister Asō Tarō announced the first redesign of Japan’s banknotes and coinage in 20 years. The portraits on the notes, which will appear in fiscal 2024, are set to be replaced.

The image on the ¥10,000 note will change from the educator Fukuzawa Yukichi to Shibusawa Eiichi, the “father of Japanese capitalism”; the ¥5,000 will be updated from the author Higuchi Ichiyō to Tsuda Umeko, a pioneer in women’s education; and the ¥1,000 note will see Kitasato Shibasaburō, Japan’s “father of modern medicine,” replacing Noguchi Hideyo.

The ¥500 coin will also be redesigned for a fresh appearance in fiscal 2021. The coin will keep the current paulownia pattern while incorporating various innovations.

The most obvious change is the bicolor cladding, resulting in different colors for the center and periphery. A Ministry of Finance official notes that the periphery uses the nickel-brass mix of the current ¥500 coins, producing a yellowish color, while the center is cupronickel, which gives the current ¥100 coins their distinctive silver color. In a world first, the contour edging utilizes helical ridges with varied shaping.

Also, in a first for Japanese coins, microlettering will be used on one face to print the words “JAPAN” and “500 YEN.” Such technologies are being incorporated to deter counterfeiting.


The varied ridges on the coin’s edge are produced with a new technology never before used in any coin. (Source: Ministry of Finance)

The new coin will weigh just 0.1 grams more than the current one, and the diameter will be exactly the same. Below the number 500, the bamboo leaf motif of the current design will be replaced with the imperial year, but the upper bamboo leaves, the tachibana oranges flanking the number, and the paulownia on the rear will remain. The floral motifs have not changed since 1982, when the ¥500 coin replaced a banknote featuring a portrait of the renowned statesman Iwakura Tomomi.

A Bicolor Look for the New Coin

The periphery of the new ¥500 coin will be a yellowish color and the center will be silver, an effect produced by the use of different metal alloys.

The center of both faces of this “bimetal” coin will be silver-colored, but this center portion will contains a core of a different metal, which is referred to technically as “clad coinage.” Because the new coins will be two-colored on the face and be composed of three layers, they are “bicolor clad.”


The current ¥500 coin is a simple slab of one type of metal, as seen at left. The new one will place a sandwich of three layers in the center of the peripheral ring. (Source: Ministry of Finance)

Familiar ¥500 Features

Unlike the new banknotes, which are getting a complete design overhaul, the new coin retains the floral motifs in place on the current ¥500 piece. “We wanted to base the new coins on the ¥500 design that people are familiar with,” says the Finance Ministry official we spoke to. “The bamboo, tachibana orange, and paulownia motifs come from plants that traditionally symbolize good fortune and auspiciousness, which is why they were used in the original design.”

The ¥500 piece being a relatively valuable coin, it has in the past attracted some attention from counterfeiters, as well as people using nearly identically sized coins worth far less—notably South Korea’s 500 won piece—to make purchases from vending machines. The Finance Ministry official notes that the new design should offer improved security. “The current coins are made of a single material, but the new coins are much more difficult to produce. However, we cannot completely rule out all possibilities.” The ministry does not provide specific production details.

Many people would no doubt like to get hold of the new coins as early as possible, but they are not scheduled for minting until early in fiscal 2021. However, the bicolor clad and helical ridge technologies have already been employed in ¥500 coins minted from 2008 as part of the Japan 47 Prefectures Coin Program, so you may find them if you keep your eyes peeled.

(Originally published in Japanese on FNN’s Prime Online on April 9, 2019. Translated and edited by Nippon.com.)

[© Fuji News Network, Inc. All rights reserved.]

Newsfrom Japan

April 9, 2019

Ministry of Finance

Coin

Issuance of a New Series of Bank of Japan Notes and a New 500 Yen Coin

Ⅰ. About the New Bank of Japan Notes

The Ministry of Finance has decided to manufacture a new series of the Bank of Japan notes and a new 500 yen coin, with a view to strengthening the ability to prevent counterfeiting etc. as follows and has initiated the necessary preparations.

1. Main features

  • (1) New Security Features etc.

    • • High-definition watermark

      High-definition watermark patterns will be added to the current watermark.

    • • Holograms using state-of-the-art technology

      Holographic stripes will be incorporated for the first time into the 10,000 yen and 5,000 yen notes, and a holographic patch into the 1,000 yen note. *1

      *1 Using cutting-edge technology adopted for the first time in banknotes, the 3D portrait images rotate when tilted.

    • Meanwhile, serial numbers will be changed from a maximum of 9 digits to 10 digits.

  • (2) Universal design (for ease of differentiation among denominations etc.)
    The Ministry of Finance plans to:

    • • Tactile marks will be upgraded and placed in a different position depending on the denomination.

    • • The numerals for each denomination will be larger and placed on both sides of the banknotes.

    • • The position of the holograms and watermarks will vary depending on the denomination.

    • • etc.

  • (3) Designs
    DenominationFront (Portrait)Back
    10,000 yen noteEiichi
    Shibusawa
    Tokyo Station
    Marunouchi
    Building
    5,000 yen noteUmeko TsudaJapanese wisteria
    flowers (fuji)
    1,000 yen noteShibasaburō
    Kitasato
    Fugaku
    sanjūrokkei
    (Thirty-six
    Views of Mount
    Fuji) *2
    Reference: Current series of banknotes
    DenominationFront (Portrait)Back
    10,000 yen noteYukichi
    Fukuzawa
    Statue of Phoenix
    5,000 yen noteIchiyō
    Higuchi
    'Kakitsubata-zu'
    (painting of irises)
    1,000 yen noteHideyo NoguchiMount Fuji and
    cherry blossoms

    *2 'Kanagawa-oki nami ura' (Under the Great Wave off Kanagawa) from the series Fugaku sanjūrokkei (Thirty-six Views of Mount Fuji), a Japanese ukiyo-e woodblock print by Katsushika Hokusai.

  • (4) Sizes

    The height and width of the new banknotes for each denomination will be the same as those of the current series of banknotes.

    DenominationSize
    10,000 yen noteHeight: 76 mmWidth: 160 mm
    5,000 yen noteHeight: 76 mmWidth: 156 mm
    1,000 yen noteHeight: 76 mmWidth: 150 mm

2. Date of issue

Scheduled for the first half of fiscal 2024 (April-September 2024).

Ⅱ. About the New 500 yen Coin

The Ministry of Finance has decided to manufacture a new 500 yen coin by changing the materials etc. of the current 500 yen coin with a view to strengthening the ability to prevent counterfeiting as follows and has initiated the necessary preparations.

1. Main features

  • (1) New Security Features

    • • Application of new technology, bicolor clad, to the materials (two-color, three-layer structure).

    • • Application of “helical ridges with two different pitches” to the edge of the coin. *1

    • • Micro lettering and numbers will be inscribed on the inside rim of the front of the coin.

      *1 Two different pitches are applied to the helical ridges. It is the first time worldwide for this technology to be used to manufacture ordinary coins (coins for mass production).

  • (2) Materials and Specifications
    New 500 yen coinReference: Current 500 yen coin
    MaterialNickel-brass, cupronickel and copper
    (bicolor clad coin) *2
    Nickel-brass
    QualityCopper 75.0%, Zinc 12.5%, Nickel 12.5%Copper 72.0%, Zinc 20.0%, Nickel 8.0%
    Weight7.1 g7.0 g
    StyleRefer to the attached “Reference 3”
    EdgeHelical ridges with two different pitches *2Helical ridges
    DiameterSame as the one on the right26.5 mm

    *2 Refer to the attached “Reference 4.”

2. Date of issue

500 Yen Coin

Scheduled for the first half of fiscal 2021 (April-September 2021).

<Attention>

The current series of banknotes and 500 yen coins will remain valid after the issuance of the new series.

Please be aware of fraudulent practices claiming that the current series of banknotes and coins are invalid.

Management Section, Currency Planning Section, Office of Currency Matters, Treasury Division, Financial Bureau
TEL: 03-3581-4111 (Representative)
Extension: 2556, 5765

(Reference 1)

Portraits etc. of the New Bank of Japan Notes

1. New 10,000 yen note

Front (portrait): Eiichi Shibusawa (1840 – 1931)
A business leader and entrepreneur in early modern Japan who was involved in the founding of around 500 businesses and economic organizations, including the First National Bank, the Tokyo Chamber of Commerce (now the Tokyo Chamber of Commerce and Industry), and the Tokyo Stock Exchange. His dedication to improving society extended to education, social welfare, and private-sector diplomacy.

Chiba

Back: Tokyo Station Marunouchi Building
Opened in 1914, the red-brick station is one of the historic landmarks of the Meiji and Taisho periods and was designated as an Important Cultural Property of Japan in 2003. The building was designed by Kingo Tatsuno, a prominent figure in modern Japanese architecture. The building was reconstructed in 1947 after being badly damaged during World War II, and then restored to its original three-story structure in 2012.

2. New 5,000 yen note

Front (portrait): Umeko Tsuda (1864 – 1929)
The pioneer of higher education for women in modern Japan, who founded one of the first private women's colleges in Japan, Joshi Eigaku Juku (now Tsuda University) in 1900. She was among the first female students sent to the U.S. as part of the government's overseas study program. They travelled to the U.S. in 1871, with a diplomatic delegation known as the Iwakura mission.

Back: Japanese wisteria flowers (fuji)
Popular among people in Japan since ancient times, these flowers appear frequently in classic Japanese literature such as the Kojiki, records of ancient Japan, and Man'yōshū, a collection of Japanese poetry.

3. New 1,000 yen note

Front (portrait): Shibasaburō Kitasato (1853-1931)
A pioneering microbiologist who developed the serum therapy for tetanus after he succeeded in growing the world's first pure culture of the bacteria. He is also known for discovering the plague bacillus. He established the Institute for Infectious Diseases in 1892 and founded the Kitasato Institute in 1914, dedicating himself to the education of future doctors and researchers.

Back: 'Kanagawa-oki nami ura' (Under the Great Wave off Kanagawa) from the series Fugaku sanjūrokkei (Thirty-six Views of Mount Fuji)
One of the most famous Japanese ukiyo-e woodblock prints (around 1831). This celebrated work of Katsushika Hokusai (1760-1849) has inspired artists around the world.

(Reference 2)

Provisional Designs of the New Bank of Japan Notes

1. New 10,000 yen note

Front

Back


(Note) Details of the designs, including holograms, will be decided upon consideration. Features of the new banknotes will be announced in a Ministry of Finance Notification following the appropriate procedures.

2. New 5,000 yen note

Front

Back
Pop the slots.


(Note) Details of the designs, including holograms, will be decided upon consideration. Features of the new banknotes will be announced in a Ministry of Finance Notification following the appropriate procedures.

500 Yen Coin Size

3. New 1,000 yen note

Front

Back


(Note) Details of the designs, including holograms, will be decided upon consideration. Features of the new banknotes will be announced in a Ministry of Finance Notification following the appropriate procedures.

(Reference 3)

Provisional Designs of the New 500 yen Coin

(Note) The images have been created given that the coin will be issued after the enforcement of the “Cabinet Order to change the name of the era.” Details of the design will be decided upon consideration.

Features of the new coin will be announced in a Cabinet Order following the appropriate procedures.

(Reference 4)

Main Anti-counterfeiting Technologies Used to Manufacture the New 500-yen Coin

1. Bicolor clad (Two-color, three-layer structure)

<Images>

Japanese Yen

2. Helical ridges with two different pitches

Chinese 100 Yen Coin

<Images>

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