World Coin News

CASH MAY NO LONGER BE KING IN JAPAN

Which came first—the decline in the use of piggy banks or the decline in the use of coins? Many Japanese households are asking themselves this question as they move away from the traditional use of piggy banks as a way to teach their children to save rather than to spend.

It has become a Japanese tradition to give children ¥500 (yen) coins as holiday and birthday gifts, then encouraging the children to put these

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