FREE: 1942 WORLD WAR II "THE JAPANESE GOVERNMENT TEN PESOS" BANKNOTE - Awesomeness! *Free Shipping*

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WWII MILITARY CURRENCY

This Is Truly An Amazing Piece Of History

1942 - WWII "THE JAPANESE GOVERNMENT"

"THE JAPANESE GOVERNMENT
TEN PESOS"

BANKNOTE

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***During World War II, in the Philippines, the occupying Japanese government issued fiat currency in several denominations. The puppet state under José P. Laurel outlawed possession of guerrilla currency, and declared a monopoly on the issuance of money, so that anyone found to possess guerrilla notes could be arrested.

Some Filipinos called the fiat pesos "Mickey Mouse Money". Many survivors of the war tell stories of going to the market laden with suitcases or "bayong" (native bags made of woven coconut or buri leaf strips) overflowing with the Japanese-issued bills. According to one witness, 75 "Mickey Mouse" Pesos, (about 35 U.S. dollars), could buy one duck egg. In 1944, a box of matches cost more than 100 Mickey Mouse pesos.

These bills were often used by American psychological warfare personnel as propaganda leaflets. Japanese occupation banknotes were overprinted with the words "The Co-prosperity Sphere: What is it worth?", in an attempt to discredit the Greater East Asia Co-Prosperity Sphere, and dropped from Allied aircraft over the occupied territories.***