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500 yen note information


500 yen note
(Japan)
Value500 Japanese yen
Security featuresWatermarks
Years of printing1951–1994
Obverse
DesignIwakura Tomomi
Reverse
DesignMount Fuji

The 500 yen note (五百円紙幣) is a discontinued denomination of Japanese yen issued from 1951 to 1994 in paper form. Crudely made notes were first made in an unsuccessful attempt to curb inflation at the time, and the series as a whole is broken down into three different types of note. Only the last two have a known design which feature Iwakura Tomomi on the obverse, and Mount Fuji on the reverse. Starting in 1982, new 500 yen coins began to be minted which eventually replaced their paper counterparts.[1] While the production of 500 yen notes continued until 1984, all of the notes issued were officially withdrawn from circulation in 1994. Five hundred yen notes were allowed to retain their legal tender status, but they are now worth more on the collector's market in numismatic value than they are at their face value.[2][3][4]

  1. ^ "Money talks Short Changed". metropolis.co.jp. Retrieved August 29, 2019.
  2. ^ "Banknotes in Use but No Longer Issued". National Printing Bureau. Retrieved August 29, 2019.
  3. ^ Nihon Ginkō (Japanese government) (2005). Annual Review 2005. Bank of Japan. p. 70.
  4. ^ "500 yen note (eBay)". www.ebay.com. Retrieved September 1, 2019.

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