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Japanese coinage was reformed in 1948 with the issue of a brass one-yen coin. 451,170,000 coins were minted until production stopped in 1950. [18] The obverse of these brass coins features a numeral "1" with "State of Japan" above, and the date below, while the reverse reads "One Yen" with a floral pattern below it. [ 18 ]
The last notes issued were poorly made and outsourced to the private sector for printing and production. All four series were suspended (de jure) by the Bank of Japan on October 1, 1958, in favor of the one yen aluminum coin. While one yen notes issued by the Bank of Japan remain legal tender today, they are worth much more in the collector's ...
The adoption of a 1 ⁄ 20 yen coin would have made it the lowest ever valued in Yen. It was ultimately rejected in favor of the 5 sen coin. [40] 1 ⁄ 10 yen 3rd 三 1870 KM-Pn11 KM-Pn12 The design of this coin is unknown. Two varieties were struck, one in copper and the other in white metal. Both were rejected in favor of the 10 sen coin. [41 ...
The one sen coin (一銭) was a Japanese coin worth one-hundredth of a Japanese yen, as 100 sen equalled 1 yen. [1] One sen coins were first struck for circulation during the 6th year of Meiji's reign (1873) using a dragon design. The denomination had been adopted in 1871 but coinage at the time could not be carried out.
In 1897, the silver 1 yen coin was demonetized and the sizes of the gold coins were reduced by 50%, with 5, 10 and 20 yen coins issued. After the war, brass 50 sen, 1 and 5 yen were introduced between 1946 and 1948. The current-type holed brass 5 yen was introduced in 1949, the bronze 10 yen in 1951, and the aluminum 1 yen in 1955.
Japanese who turn 100 this year -- and there are quite a few of them -- will get a smaller, cheaper gift from the government this year as Japan tries to save some yen by cutting costs.