Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

War Time Paper Money

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 10,729Next Topic
Page: of 2
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 06/20/2011  11:26 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Why don't armies issues their own private bills anymore? Or do they?
Moderator
Learn More...
Sap's Avatar
Australia
16844 Posts
 Posted 06/20/2011  11:31 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Yep, those are war notes, though these are "Allied Military Currency", issued for use in the re-liberated parts of France. AMC was also issued for Germany, Italy and Japan.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Moderator
Learn More...
Sap's Avatar
Australia
16844 Posts
 Posted 06/21/2011  12:11 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Why don't armies issues their own private bills anymore? Or do they?

The AMCs shown on the previous page aren't strictly "military money", as they were intended for both military and civilian use. The US military during WWII paid its troops using local currencies, wherever possible. AMCs were made for use in regions where there was no civilian government to issue any local currency. The Axis countries, however, printed two different sets of money for use in the territories they occupied, one for conquered civilian use and the other strictly for the military.

An army has its own money printed when it's trying to minimize black marketeering. If the only money that a soldier is being paid with is military money which a civilian can't use, and if the civilian's money is unusable by the soldier back at the barracks, then that civilian won't want to try to sell anything to that soldier, or vice versa.

So the reason why such notes are no longer needed are I suppose there's less worry about black marketeering going on these days, and since electronic fund transfers so much easier these days, physical money is no longer needed to pay soldiers with.

The US military store, the AAFES, uses pogs - plasticized cardboard tokens - for low values. These were (and still are) made as a lightweight alternative to shipping actual US coinage around the world just for the military to use. For higher values I assume ordinary US currency suffices.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
United States
16 Posts
 Posted 06/21/2011  09:15 am  Show Profile   Bookmark this reply Add Rick11653 to your friends list Get a Link to this Reply
Here are a couple of VICTORY Pesos from the Phillipines.

The first pictured has delaminated, which can be discerned from the obverse picture on the left hand side. Had no clue about this until I scanned it this morning. Interesting in that they were crafted in this manner.

The second specimen is signed by my uncle and the remaining men in his unit. They were in the 96th ID throughout the entirety of the Pacific campaign.



War-Time-Paper-Money


War-Time-Paper-Money



War-Time-Paper-Money

War-Time-Paper-Money
  Previous TopicReplies: 19 / Views: 10,729Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums