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<p>[QUOTE="The Eidolon, post: 4367330, member: 102103"]Part 6: 1 yen</p><p>L: Meiji year 45 (1912) R: Showa year 24 (1949)[ATTACH=full]1103460[/ATTACH][ATTACH=full]1103461[/ATTACH]</p><p><br /></p><p>The Meiji Era one yen coin was a large, silver dollar-sized coin introduced in the monetary reforms after the end of the Tokugawa Period. It was divided into 100 sen, and one sen made 10 rin. Many fakes of the silver yen exist. They carry a significant premium over silver these days. In the 90s, I could occasionally find them for $20 and under, usually chop-marked. I can't vouch for authenticity, but the weight and diameter look correct.</p><p><br /></p><p>I believe the 1 yen silver was made for a single year in the Taisho Era (Year 3 = 1914) and then discontinued until after WW2. Japan experienced significant inflation in the early 1900s, and then runaway inflation plus debasement during the war. By 1948, 1 yen was a small brass base-metal coin worth about 1/360 of a dollar. The brass type shown right was minted from Showa 23-25 (1948-1950) and then replaced with the modern aluminum type still in use. </p><p><br /></p><p>The new aluminum 1 yen coins are very light and flimsy. Japanese prices are often given as round numbers, so that you wouldn't get a lot of small change when making purchases. (Japan has much more of a cash culture than in the US. Even one's monthly salary was often paid out in cash.) Prices on some retail goods will have an odd 税抜き (zeinuki = pretax) price so that after the consumption tax the 税込み (zeikomi = tax included) price will come out even. One yen coins are considered an annoyance and held in the same lack of esteem as US pennies. Such a small-value coin is still minted for historical reasons, and because it is the base unit of the monetary system, but no one wants them much.</p><p><br /></p><p>One yen coins are said to float on water. Not strictly true: aluminum has a density of 2.7 (2.7 times denser than water), so they do sink. But if you can lay one flat the surface tension is such that it is possible to get them to float. I just tried it out, and it does work:</p><p><br /></p><p>L: 1 yen, floating with surface tension. R: Sinks if you disturb it</p><p>[ATTACH=full]1103481[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="The Eidolon, post: 4367330, member: 102103"]Part 6: 1 yen L: Meiji year 45 (1912) R: Showa year 24 (1949)[ATTACH=full]1103460[/ATTACH][ATTACH=full]1103461[/ATTACH] The Meiji Era one yen coin was a large, silver dollar-sized coin introduced in the monetary reforms after the end of the Tokugawa Period. It was divided into 100 sen, and one sen made 10 rin. Many fakes of the silver yen exist. They carry a significant premium over silver these days. In the 90s, I could occasionally find them for $20 and under, usually chop-marked. I can't vouch for authenticity, but the weight and diameter look correct. I believe the 1 yen silver was made for a single year in the Taisho Era (Year 3 = 1914) and then discontinued until after WW2. Japan experienced significant inflation in the early 1900s, and then runaway inflation plus debasement during the war. By 1948, 1 yen was a small brass base-metal coin worth about 1/360 of a dollar. The brass type shown right was minted from Showa 23-25 (1948-1950) and then replaced with the modern aluminum type still in use. The new aluminum 1 yen coins are very light and flimsy. Japanese prices are often given as round numbers, so that you wouldn't get a lot of small change when making purchases. (Japan has much more of a cash culture than in the US. Even one's monthly salary was often paid out in cash.) Prices on some retail goods will have an odd 税抜き (zeinuki = pretax) price so that after the consumption tax the 税込み (zeikomi = tax included) price will come out even. One yen coins are considered an annoyance and held in the same lack of esteem as US pennies. Such a small-value coin is still minted for historical reasons, and because it is the base unit of the monetary system, but no one wants them much. One yen coins are said to float on water. Not strictly true: aluminum has a density of 2.7 (2.7 times denser than water), so they do sink. But if you can lay one flat the surface tension is such that it is possible to get them to float. I just tried it out, and it does work: L: 1 yen, floating with surface tension. R: Sinks if you disturb it [ATTACH=full]1103481[/ATTACH][/QUOTE]
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