Japan issues new 500 yen coins for 1st time in 21 years

Politics Economy

Japan began issuing newly redesigned 500 yen ($4.4) coins for the first time in 21 years Monday, with stronger anti-counterfeit features. The new coins do not differ substantially from the previous design but are minted in two colors and feature etchings on the inner rim as part of efforts to prevent counterfeiting. While the Finance Ministry plans to mint 200 million of the new coins by the end of the fiscal year in March, the approximately 5 billion 500 yen coins currently in circulation will still be usable. The government initially planned to launch the new coins in the first half of fisca...

Kyodo News

Kyodo News