A New Look for the ¥500 Coin

Newsfrom Japan The japanese government has announced a fresh design for the ¥500 coin. The update version, slated to hit pockets in fiscal 2021, retains the familiar paulownia design but adds a two-tone look and features like microlettering to thwart counterfeiters. On April 9, Finance Minister Asō Tarō announced the first redesign of Japan ’ s banknotes and coinage in 20 years. The portraits on the notes, which will appear in fiscal 2024, are set to be replaced. The trope on the ¥10,000 bill will change from the educator Fukuzawa Yukichi to Shibusawa Eiichi, the “ don of japanese capitalism ” ; the ¥5,000 will be updated from the author Higuchi Ichiyō to Tsuda Umeko, a pioneer in women ’ mho education ; and the ¥1,000 note will see Kitasato Shibasaburō, Japan ’ s “ father of advanced medicine, ” replacing Noguchi Hideyo.

The ¥500 mint will besides be redesigned for a newly appearance in fiscal 2021. The mint will keep the stream paulownia convention while incorporating versatile innovations. The most obvious change is the bicolor facing, resulting in different colors for the center and periphery. A Ministry of Finance official notes that the periphery uses the nickel-brass mix of the current ¥500 coins, producing a yellow tinge, while the center is cupronickel, which gives the current ¥100 coins their classifiable silver medal color. In a worldly concern first, the shape edging use coiling ridges with deviate shape. besides, in a beginning for japanese coins, microlettering will be used on one face to print the words “ JAPAN ” and “ 500 YEN. ” such technologies are being incorporated to deter forge. The varied ridges on the coin’s edge are produced with a new technology never before used in any coin. (Source: Ministry of Finance)
The vary ridges on the mint ’ second border are produced with a new technology never earlier used in any mint. ( source : Ministry of Finance ) The raw coin will weigh just 0.1 grams more than the stream one, and the diameter will be precisely the lapp. Below the total 500, the bamboo flick motif of the current design will be replaced with the imperial year, but the upper bamboo leaves, the tachibana oranges flanking the number, and the paulownia on the rear will remain. The floral motifs have not changed since 1982, when the ¥500 mint replaced a bill featuring a portrait of the celebrated statesman Iwakura Tomomi.

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A Bicolor Look for the New Coin

The periphery of the newfangled ¥500 mint will be a yellow discolor and the center will be eloquent, an effect produced by the use of different metal alloys. The center of both faces of this “ bimetal ” coin will be silver-colored, but this center part will contains a congress of racial equality of a different alloy, which is referred to technically as “ clothe coinage. ” Because the raw coins will be two-colored on the confront and be composed of three layers, they are “ bicolor clothed. ” The current ¥500 coin is a simple slab of one type of metal, as seen at left. The new one will place a sandwich of three layers in the center of the peripheral ring. (Source: Ministry of Finance)

Familiar ¥500 Features

Unlike the newfangled banknotes, which are getting a complete design pass, the fresh coin retains the floral motifs in home on the stream ¥500 piece. “ We wanted to base the new coins on the ¥500 design that people are familiar with, ” says the Finance Ministry official we spoke to. “ The bamboo, tachibana orange, and paulownia motifs come from plants that traditionally symbolize full fortune and auspiciousness, which is why they were used in the original design. ” The ¥500 patch being a relatively valuable coin, it has in the past attracted some attention from counterfeiters, american samoa well as people using closely identically sized coins worth army for the liberation of rwanda less—notably South Korea ’ s 500 won piece—to make purchases from vending machines. The Finance Ministry official notes that the modern design should offer better security system. “ The current coins are made of a single substantial, but the new coins are much more unmanageable to produce. however, we can not completely rule out all possibilities. ” The ministry does not provide specific production details. many people would no doubt like to get retain of the new coins vitamin a early as potential, but they are not scheduled for minting until early in fiscal 2021. however, the bicolor invest and coiling ridge technologies have already been employed in ¥500 coins minted from 2008 as part of the Japan 47 Prefectures Coin Program, so you may find them if you keep your eyes peeled. ( originally published in japanese on FNN ’ s Prime Online on April 9, 2019. Translated and edited by Nippon.com. )

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