Hong Kong residents demand cash for Japanese WWII military yen

BBC News has an interesting article dated 14 August 2015 on the fight of some Hong Kong residents to cash in on WWII Japanese military yen.

Courtesy of Jim "Rubycored" Chen.

South Korea banknote printer seeking more overseas contracts

According to an article in Korea Times dated 24 June 2014, Korea Minting, Security Printing & ID Card Operating Corp. (KOMSCO) has seen its production volume halved over the past five years, and hopes to utilize excess capacity by obtaining contracts to print banknotes for other countries. Countries for which KOMSCO has produced or is producing "currencies" (may include coins, not just banknotes) include China, Indonesia, Israel, Japan, Libya, Peru, Switzerland, Thailand, and Vietnam. Last year KOMSCO won an order from Peru to produce 305 million 50-nuevo sole notes, with delivery to be completed by the end of June 2014.

Japan revised 5,000-yen note confirmed


According to an article on JapanToday dated 8 May 2014, on 12 May the Bank of Japan introduced a new 5,000-yen note like the existing notes (P105), but with high-tech anti-forgery features and enhanced convenience for visually impaired people. This note has a 1- or 2-letter prefix, brown serial numbers, and different shaped seal over hologram at lower right front.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

Courtesy of Mark Irwin.

Japan seeks to print notes for other countries

According to an article on Bernama dated 29 November 2013, Japan's Ministry of Finance has launched a promotion campaign in the hope of attracting orders to print banknotes and passports for other countries by highlighting Japan's cutting-edge anti-counterfeit technologies. Japan's only experience printing notes for other countries was when it printed South Korean notes during the Korean War.

Japan color change of serial numbers on 1,000- and 10,000-yen notes confirmed

According to a press release dated 26 April 2011, the Bank of Japan is changing the color of the serial numbers on the 1,000 (US$12.25) and 10,000 (US$122) yen banknotes from black to brown on 19 July 2011. Other than this minor change, the notes will remain the same as the existing P104 and P106 designs which have been in circulation since 2004.

Courtesy of Kazutaka Nagura and Kinichiro Fujikawa.

Japan's 2,000-yen note popular in Okinawa

The following story is from a post on Japan Update dated 22 July 2010:

Okinawa still likes the unpopular 2000-yen note
The Japanese currency note is the only one in circulation bearing the number ‘2’, enough of a rarity to make people distrust it, leaving only Okinawans as champions of the beleaguered money.

The Bank of Japan began issuing the ¥2000 bill on July 19, 2000 to commemorate the Group of Eight summit in Okinawa, but this bill didn’t catch on with the general public and remains unpopular. There are around 110 million ¥2,000 notes in circulation, about 1% of all Japanese currency.

Okinawans have good reasons for loving the bill; the Okinawan symbol ’Shureimon’ is printed on one side of the bill. The Shureimon Gate in Naha was built in the 16th century as the main gate to Shuri Castle. Shureimon Gate is a symbol of peace, and Okinawans say they want “to promote the spirit of peace from Okinawa” with the ¥2,000 note. Local Okinawa businesses have begun a campaign to promote use of the currency, with local banks converting ATM machines to accept them and shopping malls now giving change in ¥2,000 notes.

The Bank of Japan stopped issuing the ¥2000 bill in fiscal year 2003, and has kept tons of the bills stored in its safe. The circulation of this bill peaked in 2004 but has been in decline ever since. There are various reasons to unpopularity of the ¥2000 bill. The bill resembles the ¥5000 note, and the lack of ATMs that issue them when customers draw cash have made citizens wary.

Courtesy of Mike Link.