One rin coins were first minted in 1873 shortly after Japan adopted a new currency system following the Meiji Restoration.
[3] All one rin coins are made from a bronze alloy, are five-eighths of an inch (15.75mm) in diameter, and have a weight of fifteen grains (0.9g).
The decision to abandon the one rin coin in 1884 was due to their "inconvenient small size", which made them unpopular to use.
[10] In 1896, The Journal of Commerce noted that older (Japanese) coins were still necessary for small transactions in rural areas.
The Japanese government passed a new law during this time that abolished subsidiary coinage in favor of a single currency unit of yen.
One rin coins dated 1880 (year 13) have a recorded mintage of just 810 pieces, but the actual amount struck is thought to be less.
[20] Coins dated 1892 (year 25) were used for display in Chicago at the World's Columbian Exposition, and a unique piece sold for $63,250.00 (USD) in 2011.