"500円" refers to a Japanese currency denomination worth five hundred yen. The yen is the official currency of Japan and is symbolized by "¥." This coin is commonly used in everyday transactions, such as purchasing food, drinks, and small items. The 500 yen coin is notable for its unique design, featuring a chrysanthemum flower on one side and the denomination on the other. It is one of the highest-value coins in circulation in Japan, making it a convenient option for quick purchases without needing to use paper money.