Japan officially went onto the gold standard in 1897 from reserves obtained after the first Sino-Japanese War. New laws were passed that abolished the Japanese silver trade dollar, as well as the one silver yen piece. The two yen gold coin was also not among the new coins scheduled to be minted. Two yen gold coins were finally abolished as legal tender in 1988, by this time the exchange rate for gold coins to Japan's modern circulating currency as a whole was zero.