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500 Yen

Issuer Japan
Year
Type Fantasy banknote
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Obverse description Green and brown fantasy note with a circular vignette of Tomomi Iwakura at right, rendered in intaglio-style engraving. A dark cartouche at left bears the numeral 500, flanked by a central guilloche underprint and a red circular seal. The legend 子供銀行券 (Children's Bank note) appears above the large kanji denomination 五百円 at centre.
Obverse lettering 500 子供銀行券 500
500 五百円
子供銀行
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Comments

Japan issued 500 Yen banknotes in several distinct series, so without a Pick number or date this entry covers the type in general terms. The 500 Yen denomination was eventually replaced by a coin in 1982 — the note had become impractical as inflation eroded its value to roughly the purchasing power of a bus fare. The Bank of Japan officially demonetized the 500 Yen note on April 1, 1994, leaving a twelve-year window during which both note and coin circulated simultaneously.

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