Friday, June 08, 2012

1988 Japan 500 Yen

Have a Japanese coin and want to know its value? Leave a comment

This is one of the most valuable coins in my "change finds" vault. At around $7.00 it is enough to buy lunch both here and in Japan, assuming you are not that hungry. If I recall correctly I found this on the subway right in the center of the platform. I will let your imagine run wild on how it got there, I suspect abandoned after pickpocket realized it was not U.S. money.


On the front is 日本 (Japan), not sure about that last symbol. Pawlownia flower and under it 五 百 (Five Hundred Yen).

Like I mentioned before high denomination coins often having fancier edges as a security measure to prevent counterfeiting. This one has NIPPON ◆ 500 ◆ NIPPON ◆ 500 ◆ which again means Japan ◆ 500 (twice).

1988 is Showa 63 or 昭和六十三年 as written neatly under the 500. The reverse also has a beaded rim and some leaves and berries in four directions.

Here are the stats...
Type/Country: 500 Yen / Japan
Year: 1988 (Year 63)
Mintage: 148,018,000
Metal: Copper-Nickel
Value: $7.00 in Extra-Fine

Exchange rate is also about $6.30.

Do you have a coin from Japan and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

2 dollars worth, for Comments/Questions click here.:

Anonymous said...

I believe the last character that you couldn't identify means country.

Man said...

I believe the last character that you couldn't identify means country

Yes, thank you verified with Google Translate.

Country = 国