2016 Japanese Proof Set

[Manfred1]

2016 Japanese Proof Set

[Figleaf]

Surprised to see the 1 yen in this set. I thought it was de-monetised...

Peter

[Bimat]

Beautiful set! The luster of the coins in simply amazing.

Surprised to see the 1 yen in this set. I thought it was de-monetised...

¥1 coins were reintroduced in 2014...

Aditya

[Finn235]

Nice set! I have always had a soft spot for the circulating Japanese designs. I need to cave and get a proof set or two, but they can be a bit pricey.

Do the 1 yen still circulate in Japan? I thought the mint there now only makes them "as needed" every few years, to replace the ones that need to be removed from circulation. Never heard anything about demonetization.

[KennyisaG]

They made very few 1 yen coins in the early 2000s, but started producing them in the past few years. They are used the same way that pennies are used in the US: everyone has them, no one wants them.

[Verify-12]

Very nice!    Thanks for sharing!

I wonder how long Japan will use cash? 

Will they follow South Korea's lead, and go "cashless" and "coinless"??