World of Coins

Modern Asian coins, pseudo coins and trade tokens => Japan, North and South Korea => Topic started by: eurocoin on April 09, 2019, 06:05:24 AM

Title: Japan to issue standard circulating bimetallic 500 yen coin
Post by: eurocoin on April 09, 2019, 06:05:24 AM
Japan is planning to issue bimetallic standard circulating 500 yen coins from around 2021. Although the coin wil have increased security features like micro lettering and alternate 2 different types of reeding on the edge, the design will remain (virtually) the same.


Statement in full and images can be found here: https://www.boj.or.jp/announcements/release_2019/rel190409a.pdf

(http://www.worldofcoins.eu/forum/index.php?action=dlattach;topic=39617.0;attach=101782;image)
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Jostein on April 09, 2019, 09:41:21 AM
Thanks for the news eurocoin. The notes will be issued by 2024, but the new 500 yen coin is expected to be issued earlier, by 2021.

Conservative but beautiful designs.

 :)
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on April 09, 2019, 09:50:21 AM
So one change with the new King.
Four more to go.😝
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: eurocoin on April 09, 2019, 10:13:09 AM
So one change with the new King.
Four more to go.😝

Change has nothing to do with the enthronement of the new emperor.
Title: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Bimat on April 09, 2019, 04:59:07 PM
Wish they had plans for changing the design! (not that current design is bad, but still...)

Aditya
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Big_M on April 09, 2019, 07:02:50 PM
They had to wait with this press release for the announcement for the era name for the new emperor.

The coin design now correctly shows Reiwa 3 year = 2021
Title: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Bimat on April 10, 2019, 05:18:43 PM
S Korean media criticize use of industrialist's image on new Japanese banknote

Apr. 10 04:04 pm JST

SEOUL
Major South Korean media on Wednesday criticized Japan's decision to use industrialist Eiichi Shibusawa's profile on new 10,000-yen notes, citing his links to colonial rule of the Korean Peninsula.

The Japanese government said on Tuesday it will redesign its banknotes to feature well-known, modern historical figures, and start issuing them in 2024.

At home, Shibusawa (1840-1931) is widely known as the "father of Japanese capitalism," but in South Korea is seen as one of the main figures in imperial Japan, which plundered its neighbor's assets.

Early in the 1900s, in what was then the Korean Empire, Dai-Ichi Bank, one of the predecessors of the current Mizuho Bank, issued banknotes featuring founder Shibusawa. Japan annexed Korea in 1910.

Leading daily Dong-a Ilbo said in an article it is hard to separate Shibusawa from the economic invasion of Korea he was involved in, through the companies he founded.

JoongAng Ilbo, another major daily, noted Shibusawa was a very close friend of Hirobumi Ito, Japan's first prime minister and first resident-general of Korea, who epitomizes imperial Japan for many South Koreans.

The major leftwing newspaper Hankyoreh described Shibusawa as a man who wrongfully took advantage of Korea's economy through Dai-Ichi Bank.

The forerunner of Dai-Ichi Bank that he founded in 1873 expanded its operation into the peninsula in 1878, according to the website of the Shibusawa Eiichi Memorial Foundation.

Relations between the two countries have chilled lately after top-court rulings in favor of South Korean plaintiffs who sought compensation from major Japanese companies for wartime forced labor during the colonial era.

Japan's government maintains the issue of claims stemming from Japan's 1910-1945 colonial rule was settled as part of a treaty signed in 1965 to establish diplomatic ties.

Source: Japan Today (https://japantoday.com/category/politics/s.-korean-media-rap-use-of-industrialist's-image-on-new-japanese-note)
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: malawi on August 28, 2019, 09:42:28 AM
the mint of Japan began to mint the 500 yen of the new era, but is not bimetallic !!! ???

????????????????????????? - ???? (https://mainichi.jp/articles/20190712/ddm/012/040/046000c)

???????????? ???????????? - YouTube (https://www.youtube.com/watch?v=Ig2Ji7SSI5A)
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on August 28, 2019, 11:29:03 AM
Bimetallic 500 yen is due by 2021 only
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: malawi on August 28, 2019, 11:58:14 PM
Bimetallic 500 yen is due by 2021 only

ah ok ! thank you  ;)
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on August 29, 2019, 02:49:44 PM
So far only these two coins of New reign have been issued
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: eurocoin on January 23, 2021, 12:28:29 PM
The release of the coin, that was originally sheduled for the first half of 2021, has now been postponed because of COVID-19.
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on April 28, 2021, 02:56:50 PM

Expected in November


See

https://www.japantimes.co.jp/news/2021/04/27/business/economy-business/500-yen-coins-delay/


Japan will begin issuing newly redesigned ¥500 coins from around November, the Finance Ministry said Tuesday, after their initial release in the first half of the fiscal year from April was postponed due to the coronavirus pandemic.

The new ¥500 coins, minted in two colors to prevent counterfeiting, are the first redesign since 2000.

The ministry in January postponed issuance of the new coins due to delayed updates to ticket and automated teller machines amid the pandemic.

While the ministry plans to mint around 200 million of the new coins in fiscal 2021, the approximately 5 billion coins currently in circulation will still be usable.

The new coins, which do not differ substantially from the current design, feature etchings on the inner rim.
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on June 22, 2021, 06:43:01 AM
Minting started

https://www3.nhk.or.jp/nhkworld/en/news/20210621_25/

Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: malawi on June 22, 2021, 09:50:46 AM
finally !! very nice bimetallic coin !!
Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: eurocoin on August 24, 2021, 08:02:03 PM
Interesting video of the first strike ceremony, that took place at the end of June. It also shows the edge of the piece which looks very sophisticated.


Title: Re: Japan to issue standard circulating bimetallic 500 yen coin
Post by: Pabitra on August 25, 2021, 03:45:19 AM
It also shows the edge of the piece which looks very sophisticated.

It is differential helically reeded edge which is being used first time on any coin. The predecessor 500 yen coin ( current one ) was the first to introduce helical edge in 2000.