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A Yen
was a colloquial term used to refer to a form of military scrip used in post-war US-Occupied Japan, Korea, and Okinawa from September 7, 1945, to July 21, 1948. They are notable for being the first "Military Payment Certificates" (In Korea) given after World War II had ended. History Both "A" and "B yen" scrip in denominations from 10 sen to 100 yen were printed in 1945. These were to be used immediately upon the invasion of Okinawa, April 1, 1945. "A yen" scrip along with their "B yen" counterparts were initially presented in "SPECIMAN" booklets to help US Forces personnel identify the new invasion currency to be used. In general, "A yen" scrip was printed using the block number "A-A" with exceptions. The block number "H-A" was used for specimen examples that found their way into circulation and for replacement notes. When the "A-yen" scrip was released in Japan, Korea, and the Ryukyu Islands from July 19, to September 30, 1946 it was restricted to military use only.Kadekawa, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Civil Administration Of The Ryukyu Islands
The was the civil administration government in the Ryukyu Islands, Japan (centered on Okinawa Island), replacing the United States Military Government of the Ryukyu Islands (itself created at the conclusion of World War II) in 1950, and functioning until the islands were returned to Japan in 1972. History The U.S. National Archives and Records Administration describes USCAR's history thus: Following signing of the Instrument of Surrender, 2 September 1945, Ryukyu Islands were administered by Department of the Navy, 21 September 1945 – 30 June 1946, with Commanding Officer, Naval Operating Base, Okinawa functioning as chief military government officer under authority of Commander-in-Chief U.S. Pacific Fleet. Transfer of administration from Department of the Navy to War Department authorized by Joint Chiefs of Staff (JCS) approval, 1 April 1946, of JCS 819/11, 5 March 1946, with added proviso of JCS 819/12, 22 March 1946. Pursuant to implementing instructions of General Headqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
10 Sen Note
The was a denomination of Japanese yen issued in four different series from 1872 to 1947 for use in commerce. Meiji Tsūhō notes are the first modern banknotes issued after Japanese officials studied western culture. There circulated alongside ten sen coins until their withdrawal in 1887. The other three series of ten sen notes issued are in some way tied to the impacts of World War I and World War II. Taishō fractional ten sen notes were issued as a response to a coin shortage that was caused by the first of these wars. They were eventually suspended in the early 1920s when things had settled down, and were later demonetized in 1948. The last two series of ten sen notes were issued by the Bank of Japan rather than the treasury. First series notes were issued as ten sen coins could no longer be produced, while the A series was released after the war in a futile attempt to curb inflation. These last two issues were demonetized at the end of 1953 when the Japanese government pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Military Currency (1937–1945)
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. The military yen reached its peak during the Pacific War period, when the Japanese government excessively issued it to all of its occupied territories. In Hong Kong, the military yen was forced upon the local population as the sole official currency of the territory. Since the military yen was not backed by gold, and did not have a specific place of issuance, the military yen could not be exchanged for the Japanese yen. Forcing local populations to use the military yen officially was one of the ways the Japanese government could dominate the local economies. Currencies in territories occupied by Japan The territories controlled or occupied by Japan had many different currencies. Taiwan maintained its own banking system and bank notes after it came under Japanese sovereignty in 1895. The same is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Invasion Money
Japanese invasion money, officially known as Southern Development Bank Notes ( ''Dai Tō-A Sensō gunpyō'', "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states in World War II. In February 1942 in Japan, laws were passed establishing the Wartime Finance Bank and the Southern Development Bank. Both institutions issued bonds to raise funds. The former loaned money primarily to military industries, but also to a wide range of other ventures, including hydroelectric generators, electric power companies, shipbuilding and petroleum. The latter provided financial services in areas occupied by the Japanese military, and Southern Development Bank notes were in fact used as ''de facto'' military scrip. In December 1942, the outstanding balance of Southern Development Bank notes stood at more than 470 million; in March 1945, more than 13 billion. Already ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Military Currency
Allied Military Currency ("AMC") was a form of currency issued by the Allied powers during World War II, to be issued to troops entering liberated or newly occupied countries, as a form of currency control. Background Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency; most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be severely problematic, risking severe inflation. There were other problems as well; once dollars were circulating in a combat region, the opposing side could freely use its own stocks of dollars as currency, or acquire stocks for use elsewhere. The high purchasing power of the dollar, and its easy transference back to the United States, also posed a significant incentive to black-marketeering.Rundell, p. 384 However, whilst the use of local currencies was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heritage Auctions
Heritage Auctions is an American multi-national auction house based in Dallas, Texas. Founded in 1976, Heritage is an auctioneer of numismatic collections, comics, fine art, books, luxury accessories, real estate, and memorabilia from film, music, history, and sports. History In 1982, Heritage Auctions became an equal partnership between two collectors, Steve Ivy and Jim Halperin. In 1967, Ivy dropped out of the University of Texas at Austin to form Steve Ivy Rare Coin Co. in Dallas, Texas. In 1971, Halperin founded New England Rare Coin Galleries while still a freshman at Harvard University and would also later drop out of school. It was Ivy who first formed Heritage Auctions in Dallas in 1976 from his earlier, smaller business. The two often met at industry trade shows and auctions. In 1982, Halperin sold his Boston-based business and moved to Dallas to join Ivy. With him, he brought Marc Emory, a partner who heads what is now part of Heritage's European operations. Greg R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1 Yen Note
The was a denomination of Japanese yen in seven different series from 1872 to 1946 for use in commerce. These circulated with the 1 yen coin until 1914, and briefly again before the notes were suspended in 1958. Notes from the Japanese government, known as "government notes," were the first to be issued through a company in Germany. Because they were being counterfeited, they were replaced by a new series which included the first portrait on a Japanese banknote. Almost concurrently, the government established a series of national banks modeled after the system in the United States. These national banks were private entities that also released their own notes which were later convertible into gold and silver. All three of these series came to an end due to massive inflation from the Satsuma Rebellion in 1877. National bank notes were re-issued as fiat currency before the national banks themselves were abolished. Both national bank and government one yen notes were gradually redee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
50 Sen Note
The was a denomination of Japanese yen in six different government issued series from 1872 to 1948 for use in commerce. Those in the "Meiji Tsūhō" series are the first modern banknotes issued after Japanese officials studied western culture. Counterfeiting eventually became an issue which led to the issuance of "Ōkura-kyō" notes in 1882. These were issued as part of a larger series featuring Empress Jingū on the obverse. Both of these series of fifty sen notes circulated alongside fifty sen coins until their abolishment in 1899. No additional notes were issued for this era as the other four series are tied in some way to the world wars. Fifty sen notes returned during the Taishō era in the form of an emergency issue due to a coin shortage and rising silver prices. These were issued between 1917 and 1922 before the situation settled enough to resume coinage. Silver became an issue again during the Shōwa era in lieu of the Second Sino-Japanese War, which prompted the gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Replacement Banknote
A replacement banknote, commonly referred to as a star note, is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities to know the exact number of banknotes being printed. Also, since no two serial numbers can be the same, the bill is simply reprinted with a symbol in the serial number, identifying it as a replacement for an error note. Replacement bills have different symbols to mark the error around the world, although the most popular examples are "star notes". Description As quality control finds defective notes in the printing process after the serial number has been overprinted, they are taken out with their serial number written down and replaced with another banknote printed specifically for this purpose, so that the number of banknotes being printed stays the same in each production batch. This saves time and money compared to re-printing exactly the same serial number that was used before. It is rare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provisional Government Of The Republic Of Korea
The Korean Provisional Government (KPG), formally the Provisional Government of the Republic of Korea, was a partially recognized Korean government-in-exile based in Shanghai, China, and later in Chongqing, during the period of Japanese colonial rule in Korea. On 11 April 1919, a provisional constitution providing for a democratic republic named the "Republic of Korea" was enacted. It introduced a presidential system and three branches (legislative, administrative and judicial) of government. The KPG inherited the territory of the former Korean Empire. The Korean resistance movement actively supported the independence movement under the provisional government, and received economic and military support from the Kuomintang ("Chinese Nationalist Party"), the Soviet Union, and France. After the surrender of Japan on 15 August 1945, figures such as Kim Gu returned. On 15 August 1948, the Provisional Government of the Republic of Korea was dissolved. Syngman Rhee, who was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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