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Japan's first formal currency system was the Kōchōsen (Japanese: 皇朝銭, "Imperial currency"). It was exemplified by the adoption of Japan's first official coin type, the Wadōkaichin. [11] [12] It was first minted in 708 CE on order of Empress Genmei, Japan's 43rd Imperial ruler. [11] "
Japan's first formal currency system was the Kōchōsen (Japanese: 皇朝銭, "Imperial currency"). It was exemplified by the adoption of Japan's first official coin type, the Wadōkaichin. [3] It was first minted in 708 CE on the orders of Empress Genmei, Japan's 43rd Imperial ruler. [3] "
Japanese yen denominated paper currency was also conceived with the coins in 1870 as Meiji Tsuho notes by Italian engraver Edoardo Chiossone. [32] These were released as fiat currency in denominations of 1, 2, 5, 10, 50, and 100 yen along with subsidiary notes of 10, 20, and 50 sen in 1872.
Coins from this period all begin with the Japanese symbol 大正 (Taishō). This was the final year one yen coins were minted in silver, and is a one year type. Inscriptions on Japanese coins from this period are read clockwise from right to left: "Year" ← Number representing year of reign ← Emperor's name (Ex: 年 ← 三十 ← 正大)
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.
The 100 yen coin (百円硬貨, Hyaku-en kōka) is a denomination of Japanese yen. These coins were first minted in 1957 using a silver alloy, before the current design was adopted with an alloy change in 1967. [ 1 ]