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Japanese Invasion Notes

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New Member

United States
1 Posts
 Posted 04/05/2015  09:09 am Show Profile   Bookmark this topic Add papasmurph to your friends list Get a Link to this Message Number of Subscribers
cleaning out estate of late father in law. found 160 Japanese Government five centavos notes. all are in real nice crisp condition.
all have a red PG on them can anyone clue me in as to value and the PG mark.
Thanks in advance
mike

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denco7's Avatar
United States
2543 Posts
 Posted 04/05/2015  1:12 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
These were notes issued by the Japanese Govt during the war, after they had confisgated and used up all the US/Filipino money from banks in the Philipines. The P was for the Philipines, the G was a series mark. B was for money issued in Burma, O was for the Japanese issued Oceanian Pound , D = Malaya and Borneo and there were several others this money was printed excessively at the time and was worthless to the Filipino people.

Hundreds of thousands of these notes were brought back by U.S servicemen and are not particularly rare or collectible, except as a novelty or as WWII memorabilia. The only ones that have any real collector value are the 100 peso note. Or the U.S. propaganda notes, overprinted with "The Co-Prosperity Sphere: What Is It Worth?". These notes hold some collector value, but have to be in excellent condition.
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nalaberong's Avatar
Canada
2805 Posts
 Posted 04/05/2015  9:37 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Yes, I also picked out my first piece of invasion money recently and looked into it - they really are fairly worthless in almost all denominations, and even the propaganda overprints are being faked. However, the story behind all the different counterfeits and overprints issued by all factions in WWII is quite fascinating.

http://tomchao.com/as/jima.html
http://www.antiquemoney.com/the-jap...nment-pesos/
http://en.wikipedia.org/wiki/Japane...vasion_money

If you know who brought these notes back, then they are a very nice family heirloom, but not a lot more unfortunately.
Edited by nalaberong
04/05/2015 9:37 pm
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paxbrit's Avatar
United States
992 Posts
 Posted 04/06/2015  6:43 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
As far as value goes, these are found in the cheap note boxes at every dealer for $0.25 and up. Commonly used to make up packets of inexpensive notes for young collectors. Sale to a dealer could net you $10 or so, if you wanted to put them on ebay you could get more, but good luck waiting for 160 notes to sell.
Valued Member
United Kingdom
129 Posts
 Posted 06/08/2015  09:43 am  Show Profile   Bookmark this reply Add xavierz27 to your friends list Get a Link to this Reply
The financial value of some notes are always high due to their scarcity, such as the 1945 100 Pesos, the Malaya 1000 Dollars (in particular with black block serial). Early Malaya and Netherlands Indies issues with full serial numbers are worth far more than those without, especially in uncirculated condition. Oceania notes can be pricier and the unissued Russian notes are so scarce that I was beginning to wonder if they were a myth until two appeared at an auction a couple of years ago.

The value in a non-financial sense of Japanese occupation money generally depends on the collector. Many collectors will pay far more for a note with scarcer block serials, for example the Burma 1/2 and 1 Rupee notes with blocks BA-BC. These are far scarcer than the BD notes you could practically paper the moon with. Additionally, there are the Allied forces forgeries printed by the US, UK and Australia which are fascinating (and only some types have been successfully identified) and Australian period replicas of the Oceania notes which are worth more than the originals.

More information can be found here: http://asiamoney.weebly.com/japanes...n-money.html
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