Highest circulating denomination of Japanese yen coinage
This article is about the current 500 yen coin. For the former 500 yen banknote, see 500 yen note. For non-circulating commemorative coins of the same denomination, see 500 yen coin (commemorative).
Five hundred yen
Japan
Value
500 Japanese yen
Mass
7.1 g
Diameter
26.5 mm
Thickness
1.81 mm
Edge
Reeded
Composition
Bi-metallic 75% Cu 12.5% Zn 12.5% Ni
Years of minting
1982–present
Catalog number
Y-87, Y-99.2, Y-125[1]
Obverse
Design
Paulownia
Design date
2021
Reverse
Design
Denomination with Bamboo and tachibana
Design date
2021
The 500 yen coin (Japanese: 五百円硬貨, Hepburn: Gohyaku-en kōka) is the largest denomination of Japanese yen coin issued for circulation. These coins were first struck in 1982 as the vending machine industry needed a higher valued coin for use in their machines. The denomination had previously been issued as paper currency which co-circulated with the new coins until 1994. Originally the 500 yen coin was made up of cupronickel, but was later changed to nickel brass, and then to bi-metallic to deter counterfeiting. This illegal practice has been a constant issue since the coin was first released due to its high purchase value. With a history spanning 3 imperial eras, 500 yen coins are also collectibles.
^"Japan 500 Yen". Numismatic Guaranty Corporation. Archived from the original on August 12, 2023. Retrieved October 17, 2020.
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