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<p>[QUOTE="gxseries, post: 3474687, member: 4373"]It's the wording that I find it very unpleasant. Read it again and if I word it exactly the same way of why some countries use the lowest denomination coin compared to the US dollar - you aren't going to win a lot of friends.</p><p><br /></p><p>Despite what many would want to think of Japan - Japan is somewhat stubborn when it comes to hard cash. With negative interest rates and a huge aging population that are used to cold hard cash, cash is still king over there. </p><p><br /></p><p>1 yen does hold some importance - school children still use 1 yen coins as weights as 1 yen is 1.0 gram. 100 of these would make it a perfect 100g scale and so forth. </p><p><br /></p><p>Mintage of the 1 yen coin have been struck on "as required" basis, there were some years where 1 yen coins were not struck - believe the cost of producing 1 yen coin cost more than 3 yen. This is offset with the production of higher denomination coin, in particular the 100 and 500 yen coin.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 3474687, member: 4373"]It's the wording that I find it very unpleasant. Read it again and if I word it exactly the same way of why some countries use the lowest denomination coin compared to the US dollar - you aren't going to win a lot of friends. Despite what many would want to think of Japan - Japan is somewhat stubborn when it comes to hard cash. With negative interest rates and a huge aging population that are used to cold hard cash, cash is still king over there. 1 yen does hold some importance - school children still use 1 yen coins as weights as 1 yen is 1.0 gram. 100 of these would make it a perfect 100g scale and so forth. Mintage of the 1 yen coin have been struck on "as required" basis, there were some years where 1 yen coins were not struck - believe the cost of producing 1 yen coin cost more than 3 yen. This is offset with the production of higher denomination coin, in particular the 100 and 500 yen coin.[/QUOTE]
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