Originally Posted by
thesaints
I have a bunch of 1000Y and 500Y from the 70's ("Series C", I believe).
Are those still valid, do I have to go to a bank to exchange them, or am I totally out of luck ?
Thank you for helping.
Here is a .pdf showing valid Bank of Japan banknotes. The 500yen and 1000yen notes you are describing are shown on page 2 and should have Iwakura Tomomi and Ito Hirobumi pictured on the face respectively. I don't know how much success you would have in exchanging these at a currency exchange in another country although you shouldn't have much problem in Japan.