500 yen note

The 500 yen note (五百円紙幣) was a 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counterparts.[1] While the production of 500 yen notes continued until 1984, all of the notes issued were officially withdrawn from circulation in 1994.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]

This article is about the former 500 yen banknote. For the currently circulating coin, see 500 yen coin.
500 yen note
(Japan)
Value500 Japanese yen
Security featuresWatermarks
Years of printing1951–1994
Obverse
DesignIwakura Tomomi
Reverse
DesignMount Fuji

Series

The first series of 500 yen notes (called "series B") were released on April 2, 1951 with improved security features such as Watermarks. This time these new notes appeared to have been more successful, as they were issued for almost 20 years until finally being withdrawn on January 4, 1971.[2][5] The final 500 yen notes are referred to as "series C" notes, and were issued starting on November 1, 1969 with new watermarks to enhance security. The issue came to an end on April 1, 1994 when 500 yen notes were withdrawn from circulation.

  • 500 Yen "B series" note (front) Issued 1951 to 1971
    500 Yen "B series" note (front)
    Issued 1951 to 1971
  • Back of the "B series" note
    Back of the "B series" note
  • Close-up of the watermark security feature used on the "B series"
    Close-up of the watermark security feature used on the "B series"
  • 500 Yen "C series" note (front) Issued 1969 to 1994
    500 Yen "C series" note (front)
    Issued 1969 to 1994
  • Back of the "C series" note
    Back of the "C series" note
  • Close-up of the watermark security feature used on the "C series"
    Close-up of the watermark security feature used on the "C series"
  • Close-up of Iwakura Tomomi on the obverse of the "C series"
    Close-up of Iwakura Tomomi on the obverse of the "C series"

See also

References
  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.
  5. "日本銀行券五百円の様式". Ministry of Finance (Japan) (in Japanese). Retrieved August 31, 2019.
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