Author Topic: Japanese Coins Engraved with New Era Name to be Introduced Soon  (Read 3213 times)

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Offline Bimat

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Japanese coins engraved with new era name 'Reiwa' likely to debut after summer

April 3, 2019 (Mainichi Japan)

OSAKA -- Japanese coins engraved with the new era name "Reiwa" are likely to go into circulation after this summer.

The Japan Mint here has started to create metallic stamps to press "Reiwa Gannen," meaning the first year of Reiwa, on coins and the work will take two to three months to complete.

The mint plans to give priority to 500 and 100 yen coins as they are circulated on a mass scale. All six kinds of Japanese coins freshly engraved with the new era name are expected to be publicly circulated from around October. The mint is scheduled to continue making "Heisei 31st year" coins until the new stamps are completed.

According to the mint, when manufacturing coins of "Heisei Gannen" in 1989, the workers sacrificed their holidays to finish making six kinds of stamps and managed to hold a ceremony to start to press the new era's coins within about a month. For the upcoming new era, the facility explained that it will take longer as the number of workers has decreased to about a half of that in 1989 and the manufacturing of memorial coins including for the 2020 Tokyo Olympics has increased.

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Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #1 on: April 03, 2019, 11:05:36 AM »
Is there any likelihood of redesign?

Will 2020 Olympic coins continue with Heisei era?

Online Figleaf

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #2 on: April 03, 2019, 11:10:15 AM »
A red-design is quite unlikely. There was none for the Heisei emperor in similar circumstances. The article notes the lack of time and staff. In those circumstances, why complicate matters?

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #3 on: April 03, 2019, 11:32:56 AM »
Thailand had minor change when new King ascended the throne whereas Saudi Arabia had a complete shift.
Nothing can be ruled out.
Depends on how assertive the new king is.

Offline Bimat

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Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #4 on: April 03, 2019, 03:21:57 PM »
I too do not think that there will be a redesign of circulating coins' series. There will be plenty of Tokyo 2020 collector coins and Japanese mint may not get sufficient time to devote to redesigned circulating coins (just a thought)!

Aditya
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline quaziright

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #5 on: April 03, 2019, 03:44:41 PM »
Thailand had minor change when new King ascended the throne whereas Saudi Arabia had a complete shift.
Nothing can be ruled out.
Depends on how assertive the new king is.

For historical reasons dating back to the end of WW2, the japanese monarchy is perhaps the least assertive of any current constitutional monarchy. Its almost that they are out of sight, out of mind. The symbols associated with the imperial house have much more actual importance than the person of the king or his family.

Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #6 on: April 04, 2019, 07:15:48 PM »
A red-design is quite unlikely. There was none for the Heisei emperor in similar circumstances. The article notes the lack of time and staff. In those circumstances, why complicate matters?

According to my friend Keiji from Japan, the beiginning of Heisei era was different from the present change since it is first case of abdication of Japanese Emperor and economy of Japan is in much better shape.

Online Figleaf

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #7 on: April 04, 2019, 10:04:26 PM »
The first contention is true only because Yoshinobu Tokugawa was not an emperor in name. The second is wishful thinking, I am afraid. It will possibly be true if 12 mo JPY LIBOR rises above 2%. Neither argument alleviates the mint staff shortage.

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #8 on: April 05, 2019, 04:17:06 AM »
Mint staff shortage pertains to production staff since the Japan mint reduced the staff to bare minimum in view of non production of circulation coins ( due to no demand as well refusal to shift to higher note coin boundary).
For redesign, the need only one designer and they have a few since they have been regularly issuing commem coins.
The coins redesign in this case will not involve change of physical specifications in view of heavy usage of vending machines by the population but only obverse and reverse design ( like they did in case of Thailand)

Offline Bimat

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Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #9 on: April 06, 2019, 08:34:36 AM »
What's in a name? Japan puzzles over 'Reiwa', the term for new imperial era

Malcolm Foster

TOKYO (Reuters) - Japanese printers rushed to turn out calendars emblazoned with the new imperial era name on Tuesday as the public tried to make sense of the meaning of “Reiwa” a day after its unveiling gripped the nation.

The new era begins on May 1 when Crown Prince Naruhito ascends the Chrysanthemum Throne a day after the abdication of his father, Emperor Akihito, brings to an end the 31-year Heisei era.

The name, or “gengo”, figures in daily life on coins, drivers’ licenses and official paperwork, as well as in counting years, though many Japanese also use the Western calendar.

But Reiwa’s meaning has generated confusion and controversy.

The first character, “rei,” is often used to mean “command” or “order,” imparting an authoritarian nuance that offends some. Prime Minister Shinzo Abe and his government prefer “good” or “beautiful”, a less widely known sense.

The second character, “wa,” is defined as “peace” or “harmony”, and together they mean “beautiful harmony,” Japan’s consulate in New York said in a bid to dispel confusion.

“It does not mean ‘order and harmony’ as has been reported in the press,” the consulate said in a statement.

The name is chosen by the cabinet, rather than the emperor, from a short list proposed by scholars.

While many Japanese were positive about the new name, to some, particularly young people, it sounded harsh.

“Do they mean ‘Give in to orders?’ They probably want another militarist era,” said one Twitter user.

FORCEFUL NUANCE

The mixed response may reflect a generation gap or a decline in knowledge of kanji, the Chinese characters used in Japanese and in gengo, said Masaharu Mizukami, a professor of Chinese philosophy at Chuo University in Tokyo.

“To those who don’t know the ‘good’ meaning, it can come across as negative,” he said.

Still, Mizukami said his initial impression of Reiwa was not very positive because of the forceful nuance of “rei”.

The character was rejected during the 1860s, near the end of the Tokugawa shogun’s rule, as its meaning of “command” implied that the emperor, who was weaker at the time, had power over the military rulers, Mizukami said.

Abe added to the confusion with a convoluted explanation of Reiwa’s meaning, saying it meant “a culture nurtured by people bringing their hearts together in a beautiful manner”.

The current era name, Heisei, simply means “achieving peace”, by contrast.

Abe stressed that for the first time the name originated in a 1,200-year-old classic Japanese poem, rather than a Chinese text, as in the past.

That Japanese origin may have been more important to Abe and other authorities than the meaning, which appeared to have been “slapped on,” said Mizukami.

INTO ACTION

While Japanese debated, bureaucrats prepared for May 1 by updating computer software and documents that almost exclusively use the era name.

Printing shops clattered into action.

Hours after Monday’s unveiling, a factory in Yoshiwara, north of Tokyo, began printing new Reiwa calendars.

Sales had dropped off since Emperor Akihito announced his desire to abdicate about two years ago, said Junichi Ishii, a manager at the Todan Co. factory.

“I’m relieved that the new name was finally announced,” he said as machines whirred in the background.

Source: Reuters

Reporting and writing by Malcolm Foster; Additional reporting by Elaine Lies, Masashi Kato and Aina Tanaka; Editing by Darren Schuettler and Clarence Fernandez
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.

Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #10 on: April 09, 2019, 09:57:59 AM »
One change announced
500 yen to be bimetallic

Earlier, the coin had changed in 2000 from lettered edge to helical reeding ( mistakenly labelled as slanted reeding by SCWC) and from Copper Nickel to Nickel Brass.

More changes may follow.

Offline Pabitra

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #11 on: April 10, 2019, 11:23:45 PM »
I think it is for the first time a  language other than Japanese( Country name and denomination in English) will appear on Circulation coin of Japan.
I consider it to be a major change in a tradition bound society.
The last country to give up the local language only was Saudi Arabia.

Offline chrisild

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #12 on: April 11, 2019, 11:11:24 PM »
Not sure whether that coin will come in 2020 or 2021. In other (money but not coin related) news, the 1,000, 5,000 and 10,000 yen notes will have new designs as from 2024. This video shows the coin and the notes - in Japanese, with just Japanese subtitles ...



Christian

Offline redlock

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #13 on: April 12, 2019, 08:03:11 PM »
Highly disappointing banknote designs especially for a country with such a rich culture as Japan.


Offline Verify-12

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Re: Japanese Coins Engraved with New Era Name to be Introduced Soon
« Reply #14 on: April 21, 2019, 09:01:54 PM »
Mint staff shortage pertains to production staff since the Japan mint reduced the staff to bare minimum in view of non production of circulation coins ( due to no demand as well refusal to shift to higher note coin boundary).
For redesign, the need only one designer and they have a few since they have been regularly issuing commem coins.
The coins redesign in this case will not involve change of physical specifications in view of heavy usage of vending machines by the population but only obverse and reverse design ( like they did in case of Thailand)
Why is it that the note/coin boundary hasn't changed since the early 1980s?   I also wonder the same for South Korea.
Is it simply the reduction in cash usage?