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Two Japanese Government Philippine Notes – 10 Pesos and 50 Centavos
$ 1.05
- Description
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Description
Here are two Japanese Government Philippine occupation notes.A Ten Pesos note in good condition (crisp with a small tear and hole in bottom left corner) and a Fifty Centavos note in very fine condition.
The items seen in the picture are the items for sale.
Winning bidder will pay postage (plus handling) and sales tax.
No combined shipping on this item.
Please e-mail questions - Good Luck.
During World War II in the Philippines, the occupying Japanese government issued a fiat currency in several denominations; this is known as the Japanese government-issued Philippine peso (see also Japanese invasion money).
The Second Philippine Republic under President 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 or even executed.
Some Filipinos called the fiat peso "Mickey Mouse money". Many survivors of the war tell stories of going to the market laden with suitcases or "bayóng" (native bags made of woven coconut or buri leaf strips) overflowing with the Japanese-issued bills. According to one witness, 75 "Mickey Mouse" pesos, or about 35 U.S. dollars at that time, could buy one duck egg.
In 1944, a box of matches cost more than 100 Mickey Mouse pesos.
FROM Wikipedia