According to an embodiment, an image erasing apparatus includes a reading unit, an erasing unit, an image forming unit, and a controller. The reading unit reads identification information formed on a sheet conveyed. The erasing unit erases a part or all of a first image formed on the sheet after the identification information is read. The controller obtains image data corresponding to the identification information that is read by the reading unit. The controller controls the image forming unit so as to form a second image, which is indicated by the obtained image data, onto the sheet from which the first image has been erased.