World Coin BookWorld coin encyclopedia

From ryō accounting to decimal coinage

Birth of the Yen

The yen joined a round machine-struck form to a decimal hierarchy of yen, sen, and rin.

円の誕生

Core routes
15
Issue studies
12
Cleared image pairs
10
Indexable routes
27

Context

Historical and monetary setting

Gold, silver, and copper or bronze denominations served different roles under the new hierarchy. The silver one-yen and Trade Yen also connected Japan to foreign-trade silver.

Identification

How to classify the evidence

Verify whether a denomination was actually issued, its date range, metal role, and design generation before assigning it to a series.

Evidence boundary

What this page does not claim

The denomination hierarchy is not a claim that every authorized design circulated equally.

Decimal hierarchy

1 Yen = 100 Sen = 1,000 Rin

Legal adoption, mint production, circulation, and withdrawal of legacy media were separate events.

Gold

1 · 2 · 5 · 10 · 20 Yen

Silver

5 · 10 · 20 · 50 Sen · 1 Yen · Trade Yen

Copper / bronze

1 Rin · 1/2 · 1 · 2 Sen

StandardStartEndGold definitionSilver role
old gold187118971 yen = 1.5 g goldSilver subsidiary denominations plus a trade-oriented one-yen silver coin
new gold1897New reduced-size gold coin standard established by the 1897 Coinage LawSilver yen withdrawn from domestic legal-tender role; later production contexts require separate jurisdictional treatment
Trade Yen18751877420 grains, raised to match the United States trade-dollar weight

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Related transition references

Evidence

Sources and scope

These links support the claims on this page. Source authority does not imply permission to republish source images.

History of Japanese Currency: Opening of the Country and Gold Outflow Bank of Japan Currency Museum

Treaty-port exchange, Mexican dollars, gold outflow, Man’en reform, transitional currency, and the 1871 decimal system.

Open source
Currency Museum FAQ Bank of Japan Currency Museum

Official explanations of legacy money and the yen, sen, and rin relationship.

Open source
Coins from the Meiji era onward Bank of Japan Currency Museum

Official museum comparison table for modern coin denominations and specifications.

Open source