Search This Blog

Friday, 26 July 2024

3263) Designs change on new Banknotes of 10,000, 5,000 snd 1,000 Yen issued in July for Japan:

3263) Designs change on new Banknotes of 10,000, 5,000 snd 1,000 Yen issued in July for Japan:

Banknotes of three denominations 10,000 yen, 5,000 yen, and 1,000 yen were issued on July 3, 2024. The new banknotes are the culmination of anti-counterfeit technologies cultivated for over 150 years. Please take this opportunity to discover the secrets of the new banknotes.For the banknotes currently issued or issued in the past, please refer to the Basic Information on Banknotes page.For an introductory brochure and posters about the new banknotes, please refer to the National Printing Bureau's Business Guide and video page.The intricate patterns depicted on the homepage (Guilloche patterns drawn on the banknotes) are drawn by specialists known as designers using the latest computer systems.

New notes issued by the Bank of Japan will include several updated security features including 3D holograms. 

When the Bank of Japan issues new 1,000-, 5,000-, and 10,000-yen notes on July 3, the notes will be Japan’s first in 20 years to have a design change.

The ¥10,000 note (equivalent to about $60) has the portrait of entrepreneur Shibusawa Eiichi, father of Japanese capitalism, who had a hand in the creation of hundreds of companies. 

Tsuda Umeko, the first Japanese woman to study abroad, and a pioneer of Japanese education, replaces author Higuchi Ichiyo on the ¥5,000 bill, and 

Kitasato Shibasaburo, a bacteriologist who developed a treatment for tetanus is on the ¥1,000 instead of the medical researcher Noguchi Hideyo


The Banknote backs have Tokyo Station on the ¥10,000 note, wisteria flowers on the ¥5,000 note, and the famous print The Great Wave off Kanagawa by Katsushika Hokusa on the ¥1,000 note. 

- The notes will feature, as an anti-counterfeiting measure, what is said to be the world’s first three-dimensional holograms making the portraits on the bills appear to rotate when tilted

- They also have intaglio printing, high-definition watermarks and watermark-bar-patterns indicative of the denomination, micro-printing, luminescent ink, and pearl ink that appears as a pink, pearly pattern in the blank areas of the left and right margins when tilted. 

Close to five billion notes were printed in advance. Bank of Japan will distribute them to financial institutions, and they will also be distributed over the counter and through ATMs

Small and mid-sized businesses have complained about the high cost of switching over, and some local governments have been giving subsidies. 

Only about half the automatic checkout machines at parking lots and ticket machines at restaurants are expected to be able to immediately accept the new bank notes, and only 20% to 30% of drink vending machines.




Links to interesting posts on Coins & Banknotes of Japan:













No comments:

Post a Comment