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Silver 1,000 yen coin to be issued for shinkansen’s 50th anniversary

5 Comments

Japan first started issuing commemorative coins in 1964 to celebrate the Tokyo Olympic Games -- two specially designed coins face-valued at 100 yen and 1,000 yen, respectively. They would be the first in a long string of special coins celebrating events such as an Emperor’s 60th year on the throne and the Japanese Antarctic Research Expedition’s 50th anniversary.

Oct 1 marks the 50th anniversary of the Japan’s famous shinkansen bullet train lines, and so the Ministry of Finance has seen fit to put out yet another pair of coins. The first one revealed puts the legendary train lines right up there with Japan’s other iconic symbols.

The 1,000 yen Shinkansen Opening 50th Anniversary Coin is made of sterling silver and features a bullet train on the front-side gliding among bright pink cherry blossoms with the majestic Mt Fuji in the background.

The back is a head-on view of a shinkansen train all decked out in rainbow colors. A message proclaiming 50 years of the shinkansen is also printed along with the current year.

Although it’s designated as a 1,000 yen coin, it’s actually made of roughly 31 grams of sterling silver. That material alone is worth roughly twice as much so we don’t recommend popping it in any vending machines. Then again, it’s not that you would anyway, considering its 8,300 yen price tag.

The rest of the mark-up would go into the craftsmanship such as the beautiful array of 11 colors that make up the coin’s design.

It’s a very pretty coin that’d make a nice addition to any collection. Orders are accepted through Japan Mint where more information on ordering and delivery can be found in the near future.

There’s also a 100 yen commemorative coin in the works which the Ministry of Finance will announce in more detail once all the bureaucratic stuff is out of the way. Both coins should be in the hands of collectors by the end of this year, though.

That would make them the perfect gift for the year-end holidays, but we don’t recommend giving them to any actually shinkansen engineers. As we’ve seen before, coins are these trains’ enemy.

Source: Ministry of Finance Japan

Read more stories from RocketNews24. -- Why does the fifty yen coin have a hole? And other fun facts about Japanese coins -- 10 Yen Coin Takes Out Entire Shinkansen Train, Passengers Evacuated and Delayed -- Japan’s vending machines are no match for counterfeit coins

© RocketNews24

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5 Comments
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Lovely! Japan is the home of the bullet train Shinkansen. It's a nice way to commemorate something that has led the world in the revolution and innovation of transportation.

I wonder how many will be in stock?

4 ( +4 / -0 )

It's a beautiful numismatic coin. I hope to get some myself, those coins.

1 ( +1 / -0 )

8,300 yen for 30 bucks worth of silver? No thanks. Where do the profits go to?

-2 ( +0 / -2 )

FizzBit, yes, it's 30 bucks worth of silver(AG .925), but even minor bullion rounds get a premium above spot. Numismatic coins more so for the artwork and limited minting. These aren't non-PM pachinko tokens.

1 ( +1 / -0 )

Not too bad, where can I get one of those?

0 ( +0 / -0 )

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