World Paper Money Collect Banknotes for Pleasure and Profit
  • Aug
    21

    The yen 円 (sign: ¥; code: JPY) is the currency of Japan. It is the third most-traded currency in the foreign exchange market after United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling. As is common when counting in East Asia, large quantities of yen are often counted in multiples of 10,000 (man, 万) in the same way as values in Western countries are often quoted in thousands.


    1953 JAPAN RARE BANK NOTE 100 YEN OLD PAPER MONEY USED BILL NIPPON GINKO
    1953 JAPAN RARE BANK NOTE 100 YEN OLD PAPER MONEY USED BILL NIPPON GINKO
    $19.99
    End Date: Saturday Apr-19-2014 22:54:26 PDT

    Japan ND 1969 500 Yen Banknote Iwakura Tomomi CU
    Japan ND 1969 500 Yen Banknote Iwakura Tomomi CU
    $20.00
    End Date: Saturday Apr-19-2014 23:03:50 PDT
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    Rare Japan 100001 50002 20001 10002 5003 yen bills banknote money
    Rare Japan 100001 50002 20001 10002 5003 yen bills banknote money
    $1,495.00
    End Date: Sunday Apr-20-2014 0:22:04 PDT

    CHINA JAPAN TAIWAN NICE LOT OF 18 NOTES G3
    CHINA JAPAN TAIWAN NICE LOT OF 18 NOTES G3
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    End Date: Sunday Apr-20-2014 2:13:20 PDT
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    Japan  100 Yen 1945  conditionEF PickM30
    Japan 100 Yen 1945 conditionEF PickM30
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    End Date: Sunday Apr-20-2014 2:26:04 PDT
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    Japan Banknotes Japan 5 Yen Type 1943
    Japan Banknotes Japan 5 Yen Type 1943
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    End Date: Sunday Apr-20-2014 3:07:28 PDT
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    JAPAN WW2 MILITARY PAYMENT 50 SEN A TYPE 131A
    JAPAN WW2 MILITARY PAYMENT 50 SEN A TYPE 131A
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    End Date: Sunday Apr-20-2014 3:47:53 PDT
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    JAPAN WW2 MILITARY PAYMENT 10501510  20 LOT 488A
    JAPAN WW2 MILITARY PAYMENT 10501510 20 LOT 488A
    $65.00
    End Date: Sunday Apr-20-2014 3:48:28 PDT
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    1945 Japan One Yen Military Currency Note A09587619A
    1945 Japan One Yen Military Currency Note A09587619A
    $9.99
    End Date: Sunday Apr-20-2014 4:37:19 PDT
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    JAPAN 1000 YEN XF AU LOOK SCANS
    JAPAN 1000 YEN XF AU LOOK SCANS
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    End Date: Sunday Apr-20-2014 6:12:38 PDT
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    CHINA JAPAN 100 YUAN KM 112a 1938 CIRCULATED RARE BAD CONDITION
    CHINA JAPAN 100 YUAN KM 112a 1938 CIRCULATED RARE BAD CONDITION
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    End Date: Sunday Apr-20-2014 7:12:00 PDT
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    JAPAN 1000 YEN P 92B 1950 SHOTOKU TAISHI BOJ UNC NOTE
    JAPAN 1000 YEN P 92B 1950 SHOTOKU TAISHI BOJ UNC NOTE
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    End Date: Sunday Apr-20-2014 7:30:12 PDT
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    2009 JAPAN Akihito GOLD 10000 YEN YEAR 21 EMPERORS EDITION
    2009 JAPAN Akihito GOLD 10000 YEN YEAR 21 EMPERORS EDITION
    $1,800.00
    End Date: Sunday Apr-20-2014 7:35:34 PDT

    Japan 33000 Yen  US 32300 Currency Notes
    Japan 33000 Yen US 32300 Currency Notes
    $330.00 (3 Bids)
    End Date: Sunday Apr-20-2014 7:42:08 PDT

    JAPAN WW2 1940s 1 YEN NOTE
    JAPAN WW2 1940s 1 YEN NOTE
    $45.00
    End Date: Sunday Apr-20-2014 7:52:09 PDT

    Japan 20 Sen 1917 1919 UNC P47
    Japan 20 Sen 1917 1919 UNC P47
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    End Date: Sunday Apr-20-2014 8:00:41 PDT
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    ANTIQUE 1909  1933 RUSSIAN GERMAN JAPAN FRENCH BANK NOTES 8 PAPER CIRCULATED
    ANTIQUE 1909 1933 RUSSIAN GERMAN JAPAN FRENCH BANK NOTES 8 PAPER CIRCULATED
    $19.95
    End Date: Sunday Apr-20-2014 8:07:24 PDT

    JAPAN MILITARY CURRENCY 1 10 YEN XF VF 4PCS
    JAPAN MILITARY CURRENCY 1 10 YEN XF VF 4PCS
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    End Date: Sunday Apr-20-2014 8:18:03 PDT

    1 Een Gulden Japansche regering S1 Japan 1 een Gulden
    1 Een Gulden Japansche regering S1 Japan 1 een Gulden
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    End Date: Sunday Apr-20-2014 8:28:14 PDT

    Japan Allied Military Currency WWII 5 Sen A Underprint Pick 68 AU
    Japan Allied Military Currency WWII 5 Sen A Underprint Pick 68 AU
    $110.00
    End Date: Sunday Apr-20-2014 8:41:17 PDT
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    JAPAN BANKNOTE 10 YEN 1930
    JAPAN BANKNOTE 10 YEN 1930
    $6.99
    End Date: Sunday Apr-20-2014 9:04:37 PDT
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    JAPAN CHINA BANKNOTE 50 SEN 1940
    JAPAN CHINA BANKNOTE 50 SEN 1940
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    End Date: Sunday Apr-20-2014 9:14:42 PDT
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    Japan Edo Period Paper Money Hansatsu 8sen2bu5rin Hukuoka 1800s
    Japan Edo Period Paper Money Hansatsu 8sen2bu5rin Hukuoka 1800s
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    End Date: Sunday Apr-20-2014 9:37:21 PDT

    Japan Edo Period Paper Money Hansatsu 1monme Handwritten bill Sumisyo rare
    Japan Edo Period Paper Money Hansatsu 1monme Handwritten bill Sumisyo rare
    $15.00 (1 Bid)
    End Date: Sunday Apr-20-2014 9:42:48 PDT



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    History
    The issuance of the yen banknotes began in 1872, two years after the currency was introduced. Throughout its history, the denominations have ranged from 10 yen to 10,000 yen.

    Before and during World War II, various bodies issued banknotes in yen, such as the Ministry of Finance and the Imperial Japanese National Bank. The Allied forces also issued some notes shortly after the war. Since then, the Bank of Japan has been the exclusive note issuing authority. The bank has issued five series after World War II. Series E, the current series, consists of ¥1000, ¥2000, ¥5000, and ¥10,000.

    Before World War II

    In 1872, the Ministry of Finance introduced notes in denominations between 10 sen and 100 yen. "Imperial Japanese Paper Currency" followed in 1873 in denominations of 1 yen up to 20 yen. "Imperial Japanese Paper Money" was issued between 1881 and 1883 in denominations between 20 sen and 10 yen.

    In 1877 and 1878, the Imperial Japanese National Bank issued 1 and 5 yen notes. In 1885, the Bank of Japan began issuing notes, in denominations of 1, 5, 10 and 100 yen. 20 yen notes were added in 1917, followed by 200 yen in 1927 and 1000 yen in 1945.

    Between 1917 and 1922, the government issued 10, 20 and 50 sen notes. 50 sen notes were reintroduced in 1938. In 1944, 5 and 10 sen notes were introduced by the Bank of Japan.

    Allied forces notes

    The Allies issued notes in denominations of 10 and 50 sen, 1, 5, 10, 20, 100 and 1,000 yen between 1945 and 1951, during which time the Bank of Japan also issued notes. Banknotes below 1 yen became invalid on December 31, 1953 by the same legislation mentioned above. Australia actually made notes for the occupation as well.

    By the early 1950s, notes below 50 yen had been replaced by coins, followed by those for 50 and 100 yen in the late 1950s. In 1957 and 1958, 5000 and 10,000 yen notes were introduced. The 500 yen notes were replaced after 1982.

    Modern Day Banknotes

    The current issue was launched in the year 2000. The 2,000 yen note was first issued on July 19, 2000 to commemorate the 26th G8 summit in Okinawa and the millennium year as well. Pictured on the front of the note is Shureimon, a famous gate in Naha, Okinawa near the site of the summit. The other side features a scene from the The Tale of Genji and the author Murasaki Shikibu on the lower right corner. The motif of the scene was taken from the 12th century illuminated handscrolls of the novel kept at the Tokugawa Art Museum in Nagoya.

    These notes are rare in the market, but at banks they are readily available. Many Japanese consider the 2,000 yen note a novelty as it is the only Japanese denomination in the factor of 2. To promote the circulation of the notes, some companies had started paying wages in them. The series D is the first to display the EURion constellation.

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