Gold coins marking Osaka Expo to be sold for 268,000 yen apiece|Arab News Japan

 TOKYO: Japan’s Finance Ministry said Friday it will issue gold coins in the denomination of 10,000 yen commemorating the 2025 World Exposition in the western city of Osaka for sale at 268,000 yen apiece, a record for gold coins.

Silver coins in the denomination of 1,000 yen will be issued for sale at 15,200 yen apiece, a record for silver coins.

The ministry attributed the record prices to soaring prices for gold and silver.

The gold coins will be made from pure gold and weigh 15.6 grams each. Their surfaces will carry designs of the Japan Pavilion, the Japanese government’s pavilion at the exposition’s venue, and the event’s official character, Myaku-Myaku.

The silver coins will feature Myaku-Myaku and the rainbow.

A technology will be used that allows the letters EXPO to appear three-dimensionally when the rainbow on the silver coins is exposed to light-emitting diode, or LED, lighting. The ministry said it will use the technology for coins for the first time in the world.

The ministry will issue 30,000 gold coins and 50,000 silver coins. Applications for purchases will be accepted at the Japan Mint for about three weeks from March 6 next year. Shipments will start around late August the same year.

The ministry will also sell 1,000 sets featuring all five types of coins commemorating the exposition.

JIJI Press

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Todays Chronic is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – todayschronic.com. The content will be deleted within 24 hours.

Leave a Comment