I have a bunch of older 1000Y and 500Y banknotes from the 70's ("Series C" I believe).
Can I still use them, or do I need to go to a bank and change them into new ones ? Hopefully, they are not totally valueless...
Both of them are still valid, though
(1) vending machines cannot accept them
(2) as they are not in circulation for a long time and people are afraid of counterfeit notes, shops may not accept these old notes.
I also checked if these notes has more value if you take them to the shops handling old coins/notes but unfortunately they do not have much value and sometimes you may get less than the face value, so the best option seems to be taking them to a bank for exchange to the current bank notes/coins.
You can ask for exchange at the bank at Narita airport.
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