1942 Japanese $10 'Banana Note Money' Occupied Malaya WWII Banknote F+/VF

Description: WWII Malaya Japanese Invasion Money 'Banana Money' What You See Is What You Get Lot Y202409N – Occupied British Malaya and Borneo, Japanese military scrip 1942/45. In this lot you get: (1x) Series 1942 $10, grove of banana trees and coconut palms. P# M7c - Military scrip and de facto currency issued by the Imperial Japanese Government for occupied British colonial Malaya and Borneo during the Second World War. Note is in excellent condition. Paper solid, no splits or seps, lite foxing; no folds or creases. Crisp. Details clear. Bright colors. No date or serial number. 'MP' block. Rates an old-school VF/VF+. See scan. Nicknamed “Banana Money,” these authentic artifacts document turbulent times. What you see is what you get. Makes a nice gift for the Old Cold Warrior, student, educator, or history buff in your life! FREE DOMESTIC U.S. SHIPPING Thanks for looking! Please see my other items for more German, Japanese and other historical curios. Q: What am I buying, and why would I want it? A: This is a $10 note issued by Japan between 1942 and 1945 for occupied Malaysia in World War Two. With the fall of Singapore on 15 February 1942 Imperial Japan commenced its occupation of colonial British Malaya. Martial law was declared and a 1:1 exchange rate between the Japanese military scrip dollar and existing Dollars ($) was set. Similar to the RKK notes their German Axis allies carried in their invasion of Poland, Japanese troops had arrived with millions in scrip conveniently printed well in advance of the war. Known as 'Southern Development Bank' (SDB) notes, they were circulated in Malaya, North Borneo, Sarawak and Brunei. As happened in the other countries they had conquered, Japanese economic exploitation and indifference quickly led to hyperinflation. In the course of their three and a half year occupation, over $4 billion worth of scrip would be pumped out, inflating the money supply by 30 times over what it had been in 1941. The Allies contributed to the undermining the occupation economy by issuing millions more in counterfeit notes. Declared worthless after the war, Japan has steadfastly refused redemption. You will hold history in your hands. View more great items

Price: 5.99 USD

Location: Camden, New Jersey

End Time: 2024-12-23T02:00:01.000Z

Shipping Cost: 0 USD