My father-in-law was on a Naval destroyer in the Pacific during WW2 and brought this currency home with him. Can anyone tell me anything about it? Is this something we should continue to save? Thanks for you help!
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more photos
Here are two more photos of the currency we found in his stuff. -
These are called "Japanese Military Yen" which the Japanese military forced the local peoples in the invaded countries in Asia to exchange their valuable items for these yen.
After WW2, the Japanese government refuses up to now to exchange back these yen.
Every year our local peoples march to Japanese embassy to protest but you know the answer....Comment
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Extract from our old newspaper:
A. Representative from Japanese consulate
B. Head of the Compensation Organization
C. Demand Letter of Compensation back due to " Japanese Military Yen".
D. Newspaper Heading: Head of Compensation Head goes to Japanese Consulate to protestComment
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The first one is general issue banknote used by the Bank of Japan for Japan use. It is a 1930 issue 5 Yen Catalog: Y39. about $1-2 on ebay.
The second one is for use in the military, as it says for military use. Can't really find it, but looking it up on ebay 10 yen military shows about the same value.
As Chen was saying, civilians were not forced to use military notes. The Japanese gov't printed another set for each country they controlled and forced them to trade their own old currency instead (like a Philippine note or Indonesia note). As the war progressed, the banknotes became inflated and are very common notes.
The military note was for use in areas in Japanese hands and for their military to use. The notes were same, but overprinted to identify it so that it does not mix into general issue notes.
Hope this helps...
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