Art1.2 Posted June 29, 2013 Report Share Posted June 29, 2013 Can anyone tell me about this note. When issued? What the overprint means? I'm assuming it was a Pacific Theater item from WWII era. 10 something front.jpg by UGotaHaveArt, on Flickr 10 something back.jpg by UGotaHaveArt, on Flickr Quote Link to comment Share on other sites More sharing options...
Art1.2 Posted June 29, 2013 Author Report Share Posted June 29, 2013 Found this on Banknotebank. It looks the same but I'm not sure. I'd really like to know that the overprinting says. All it says about this on banknote is : Asia. Japan, 1945 Quote Link to comment Share on other sites More sharing options...
ccg Posted June 30, 2013 Report Share Posted June 30, 2013 Top of note: "Government of the Japanese Empire" Center of note: "Military use handbill (note)" These yen notes were used during the occupation of China during WWII. Quote Link to comment Share on other sites More sharing options...
Art1.2 Posted June 30, 2013 Author Report Share Posted June 30, 2013 Top of note: "Government of the Japanese Empire" Center of note: "Military use handbill (note)" These yen notes were used during the occupation of China during WWII. I thought it might be something like that. Thanks ccg I appreciate the information. Quote Link to comment Share on other sites More sharing options...
ccg Posted June 30, 2013 Report Share Posted June 30, 2013 I should add that these were the first series of occupation notes - there were later ones that were designed seperately (rather than being overprinted regular Japanese issues). These were also used for Hong Kong (while all other occupied places such as the Phillipines used the more commonly seen "Japanese Invasion Money") Whenever the Japanese forces arrived somewhere, the locals were requested to turn in their local currency for Japanese occupation notes, with severe penalties if caught hoarding the local currency. As time passed by, as a penalty, the exchange rate became worse: e.g. instead of 1:1 it became 2:1, 4:1, etc. Quote Link to comment Share on other sites More sharing options...
rsraghead Posted June 30, 2013 Report Share Posted June 30, 2013 Ouch!!! That would hurt the pocketbook Quote Link to comment Share on other sites More sharing options...
ccg Posted June 30, 2013 Report Share Posted June 30, 2013 The rural folk tended not to be affected as much since many were still on subsidence farming, but for the city folk who had to contend with a lot less commerce (and as a result - scarce foodstuffs), it was ruin - especially since post-war these became worthless. Quote Link to comment Share on other sites More sharing options...
rsraghead Posted June 30, 2013 Report Share Posted June 30, 2013 War destroys civilizations, not just governments Quote Link to comment Share on other sites More sharing options...
freak Posted August 10, 2013 Report Share Posted August 10, 2013 Sounds like ccomplete economic failure Quote Link to comment Share on other sites More sharing options...
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