If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
New Japanese currency to enter circulation on Nov. 1
|
Ads |
#2
|
|||
|
|||
In article ,
John Stone wrote: http://www.japantoday.com/e/?content=news&cat=3&id=311555 Not "new currency", per se -- it's still the yen. New 1000, 5000, and 10000 yen notes. No images there, alas. http://www.cbsnews.com/stories/2002/08/02/world/main517343.shtml has more details. The new bills will feature the latest in anti-forgery technology, including pearl ink, latent images and the same holograms and watermark bar codes used on the euro. One technology, too secret to make public, will be used for the first time anywhere in the world, a Bank of Japan official told reporters. "We can't disclose what that technology is because that would defeat the whole purpose," he said. National Police Agency figures show that the number of counterfeit bills detected soared to 9,825 in the first six months of this year, up from fewer than 1,000 four years ago. This part puzzles me: The introduction of new bills is likely to prompt massive orders for new cash machines, Economics Minister Heizo Takenaka told a news conference. Another article, from the Daily Yomiuri, says the same thing. Why? Why won't the old ATMs just take the new notes? http://www.easterwood.org/hmmn/archives/000098.html says they're the first new Japanese currency designs in 20 years. They have a small image of the new 5000 yen note. http://web-japan.org/trends01/article/020927bus_r.html says that it's been planned since 2002. It has front and back images of the 1000 and 5000 yen notes. It adds Use of the embossed identification mark that was introduced with the {yen}2,000 note - which is raised higher than the marks on the old bills - will be continued with the new notes. While the raised marks make things more difficult for would-be counterfeiters, they at the same time allow blind people to distinguish among the bills by touch. Ooo-er! Can I get high-relief dollars now? http://www.findarticles.com/p/articles/mi_m0XPQ/is_2002_August_5/ai_90193563 says that "The 10,000 yen bills account for 51.5% of banknotes in circulation, followed by 1,000 yen notes at 29.3%. The 2,000 yen bills, just two years old, have the lowest circulation, at 300 million." Here we go! http://www.boj.or.jp/en/money/02/bnnew.htm is an official Bank of Japan press release from 2002. It has images, front and back, of all three. And I see a reason why ATMs might need at least some changing: each note has a different width (150 mm, 156 mm, 160 mm). Still, I would have expected them to have just replacable cartridges where the outside machinery could handle a wide variety of widths. -- Tim McDaniel; Reply-To: |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Northern Ireland may withdraw all currency from circulation | stonej | Coins | 0 | December 26th 04 02:50 PM |
Anyone want to buy a bunch of proof sets? | Keith Michaels | Coins | 41 | July 21st 04 05:05 AM |
Pr: Baltimore Coin and Currency Convention - July 9-11, 2004 | EdKuszmar | General | 0 | June 29th 04 05:16 AM |
Pr: Baltimore Coin and Currency Convention | EdKuszmar | Paper Money | 0 | June 29th 04 05:07 AM |
Pr: Baltimore Coin and Currency Convention | EdKuszmar | Coins | 0 | June 29th 04 05:06 AM |