1000 Yen - Heisei Badminton

Issued as part of Japan's Olympic and Paralympic commemorative program ahead of the Tokyo 2020 Games, this piece belongs to a sprawling multi-coin series that eventually ran to several dozen distinct sport-themed issues. The badminton release was allocated through a postal lottery system — a distribution method Japan has long used for high-demand commemoratives — meaning many examples went directly into capsules and never approached a pocket.