Japan to remint Brazil commems.
CaptHenway
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From coins@uni.edu
Mint Copyright Blunder To Cost Japan 10 Million Yen
Japan recently minted 4.8 million commemorative coins to mark a centenary of ties between their nation and Brazil. There’s a problem though that is costing the government 100 million Yen. They didn’t have the copyright to the design.
Japan had planned on distributing the coins in March thinking that an immigrants’ association owned the bronze memorial that was featured on the coins. Not making sure of the copyright will cost the government though when it was revealed that the Brazilian sculptor refused to allow the design to be placed on the 500-yen coins.
It was back to the drawing board for the mint to get another coin ready. The new coins will feature the first Japanese immigrants to South America superimposed over a picture of Brazil. The new coins will be distributed on June 18.
“The minted commemorative coins are made of the same materials as the regular 500-yen coin so we will simply recycle them,” a ministry official said.
Mint Copyright Blunder To Cost Japan 10 Million Yen
Japan recently minted 4.8 million commemorative coins to mark a centenary of ties between their nation and Brazil. There’s a problem though that is costing the government 100 million Yen. They didn’t have the copyright to the design.
Japan had planned on distributing the coins in March thinking that an immigrants’ association owned the bronze memorial that was featured on the coins. Not making sure of the copyright will cost the government though when it was revealed that the Brazilian sculptor refused to allow the design to be placed on the 500-yen coins.
It was back to the drawing board for the mint to get another coin ready. The new coins will feature the first Japanese immigrants to South America superimposed over a picture of Brazil. The new coins will be distributed on June 18.
“The minted commemorative coins are made of the same materials as the regular 500-yen coin so we will simply recycle them,” a ministry official said.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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Doggedly collecting coins of the Central American Republic.
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<< <i>Of course, some will escape the melting pot and become expensive rarities. >>
Ya think???????
...
sorta backdoor job rarities like that are always neat pieces (if any leak)
<< <i>superimposed over a picture of Brazil. >>
I wonder which design was more artistic?