The value of a 1 Yen coin varies depending on the specific year and condition of the coin.
- Circulated 1 Yen coin (1955-2019): A single circulated 1 Yen coin, typically made of aluminum, can be found for around $1 USD, according to one listing.
- Older or rarer 1 Yen coins: Older or uncirculated 1 Yen coins can have higher values. For example, a 1 Yen coin from 1912 might be listed for around $2 USD. A 1 Yen coin from 1896 is listed at $424.1 USD.
- Collectible mint sets: The Japanese government stopped issuing 1 Yen coins for general circulation in 2016, producing them only for collectible mint sets. These coins might hold a higher value due to their limited mintage.
- In terms of its direct exchange value, 1 Japanese Yen is equivalent to approximately $0.0068 USD.
- Year of mintage: Coins from certain years are rarer and more desirable to collectors.
- Condition: Coins in better condition (uncirculated, good, very fine) generally fetch higher prices.
- Composition: While most 1 Yen coins are aluminum, some older Yen coins (not necessarily 1 Yen) were made of silver, increasing their melt value.
- Collectibility: Special features or limited edition mintages can also increase a coin’s value.
Therefore, when trying to determine the value of a specific 1 Yen coin, consider its year of mintage, condition, and any potential historical or collectible significance.
How much is a Japanese 1 yen coin worth?
Right now, 1 Japanese Yen is worth about $0.0068.
How to date a 1 yen coin?
Thanks for asking. These coins are read from left to right: Emperor’s name → Number representing year of reign → “Year” (Ex: 昭和 → 六十二 → 年).
Does a 1 yen coin exist?
The 1-yen coin, which was first issued in 1955, is the oldest coin among presently-manufactured coins and marked its 50th anniversary in 2005. The design has not changed for more than 50 years. A young tree on the obverse side symbolizes the healthy growth of Japan.