【No. 0342】Trivia about the One Yen Coin
Nov 25, 2015 20:42
Today, I will introduce the 1 yen coin, which has the lowest value among current coins in Japan.
The 1 yen coin is made of pure aluminum, and has been issued since 1955.
The weight is 1 g, the thickness is 1 mm, and the value is 1 yen, though the cost to mint a 1 yen coin is around 2 yen.
Also, I think Japanese people prefer to adjust their change using 1 yen coins when shopping.
If the number of change coins increases because of the lack of a 1 yen coin, it's a little frustrating.
The 1 yen coin is made of pure aluminum, and has been issued since 1955.
The weight is 1 g, the thickness is 1 mm, and the value is 1 yen, though the cost to mint a 1 yen coin is around 2 yen.
Also, I think Japanese people prefer to adjust their change using 1 yen coins when shopping.
If the number of change coins increases because of the lack of a 1 yen coin, it's a little frustrating.
1円玉の雑学
今日は、日本で流通している最も価値の低い硬貨である1円玉を紹介します。
現在の1円玉は純アルミニウムでできており、1955年から発行されています。
重さは1g、厚さは1mm、価格は1円ですが、製造コストはおよそ2円かかります。
また、日本人は1円玉を使ってお釣りを調整するのが好きだと思います。
1円足りずにお釣りの硬貨の枚数が多くなると、悔しいです。
今日は、日本で流通している最も価値の低い硬貨である1円玉を紹介します。
現在の1円玉は純アルミニウムでできており、1955年から発行されています。
重さは1g、厚さは1mm、価格は1円ですが、製造コストはおよそ2円かかります。
また、日本人は1円玉を使ってお釣りを調整するのが好きだと思います。
1円足りずにお釣りの硬貨の枚数が多くなると、悔しいです。
Corrections (3)
No. 1 Timmy
- Today, I will introduce the 1 yen coin, which has the lowest value among current coins in Japan.
- Today, I will introduce the 1 yen coin, which has the lowest value among current coins in Japan. (or: among coins which are currently in circulation in Japan)
Interesting!
Toru
Thank you very much always for correcting my post! :D
Thank you very much always for correcting my post! :D
Timmy
You're welcome!^_^
You're welcome!^_^
No. 2 Nameless
What can you pay with one Yen?
Toru
We can pay one yen for a 1 yen stamp, or a screw.
However, we usually use one yen to reduce the number of change coins.
For example, when a product price is 96 yen, we will pay a 100 yen coin and a 1 yen coin, because the charge will be paid by only a 5 yen coin. (If there was also a 5 yen coin in our wallet, we would pay 106 yen, and receive a 10 yen coin.)
We can pay one yen for a 1 yen stamp, or a screw.
However, we usually use one yen to reduce the number of change coins.
For example, when a product price is 96 yen, we will pay a 100 yen coin and a 1 yen coin, because the charge will be paid by only a 5 yen coin. (If there was also a 5 yen coin in our wallet, we would pay 106 yen, and receive a 10 yen coin.)
No. 3 thethinker83
I remember reading a Japanese news article last year about the increased production of 1-yen coins due to the consumption tax rate increase to 8%. I suppose there will be less need for them when the rate goes up to 10% in 2017 (if I remember the plan right).
We have similar issues with pennies in the US, especially regarding the cost to manufacture vs. value. Check out this video if you want to hear more:
Toru
Thank you so much for the comment! :)
Yes, you're right.
Last year the production of 1-yen coins increased with the increase of the consumption tax. However, somehow a demand for 1-yen coins decreased, while demands for 10-yen coins and 50-yen coins increased. It is said that one of the reason is because prices of many products increased in units of 10-yen. Also in 2017, when the consumption tax rate become 10%, there must be much more products that have prices of multiples of 10. So I think your forecast will be true.
And thank you for letting me such a interesting video. :)
I played the video once, but it was not enough for me to understand it. To understand the issue, I will play the video repeatedly from now on!
Thank you so much for the comment! :)
Yes, you're right.
Last year the production of 1-yen coins increased with the increase of the consumption tax. However, somehow a demand for 1-yen coins decreased, while demands for 10-yen coins and 50-yen coins increased. It is said that one of the reason is because prices of many products increased in units of 10-yen. Also in 2017, when the consumption tax rate become 10%, there must be much more products that have prices of multiples of 10. So I think your forecast will be true.
And thank you for letting me such a interesting video. :)
I played the video once, but it was not enough for me to understand it. To understand the issue, I will play the video repeatedly from now on!