10 Dollar Japanese bill

smokinjoe925

I have this 10 dollar Japanee bill that my asia studies teacher said could be worth alot....? I dont now what the mint on it is because I dont read japanese but it says "The Japanese Govornment promises to pay the bearer on demand 10 DOLLARS mc" it says all that in english (obviously). There is nothing but the # 10 and random flowers on the reverse. I will poast a pic of it when I find my camera lol (maby a day or two). Tell me what you think it might be. Ohh BTW its all in blue ink. Thanks

P.S.- I have like 6 bills and hundreds of forigen coins if there are any in perticular that are worth a substanchal amount, any advice would be greatly appreciated. Thanks

Stork

If you post a picture, that would help. I don't know much about Japanese currency, but I have a catalog that includes currency in the back that I can look through.


Cathy


Nevermind, I found it. Unfortunately, my catalog is in Japanese and I can't read it. What I can tell you is that there are two variants of the $10 note, in pristine condition the catalog value is either 300 yen (a little bit less than $3 with today's rates) or 9000 yen (a bit under $80). I don't have a translation for the condition desriptors for the currency section, so I can only guess at the lower values. So not worth a fortune, but could be an interesting collecting interest. There is a small section for "Military Notes of the Pacific War" with denominations in guldens, dollars/cents, rupees, pesos/centavos, and pounds/shillings plus one I can't make out (? rubles?).

Sapyx

It's an example of what is known as Japanese Invasion Money, or JIM for short. The Japanese made it for the various occupied territories during WWII: cents and rupees for Burma; cents and dollars for Malaya; cents and gulden for Netherlands East Indies (later some notes denominated in rupiah were issued, to try to appeal to the Indonesians), centavos and pesos for the Philippines and pounds, shillings and pence for British Oceania (New Guinea and the Solomon Islands). Besides the denominations and languages, notes for different areas had different initial "block letters": B for Burma, M for Malaya, S for Shonan (the Japanese name for Indonesia), P for Philippines, and O for Oceania.

My very old (1986! ) copy of the Pick world banknote catalogue lists five varieties for the Malaya JIM $10: the following CVs are for VF condition:
(1) with a full serial number, $20
(2) no number, vertical-sided "M", watermarked, 50¢
(3) no number, woven paper, watermarked, $1.50
(4) no number, sloping-sided "M", no watermark, silk threads in paper, 25¢
(5) no number, vertical-sided "M", no watermark, faint smoke from ship, $5

WillieBoyd2

These bills were marketed extensively in the 1960's as "Jap money for the invasion of America".
Usually a set of 8 or 9 bills, 10 cents to $1000.
Apparently originally actually made for Malaya or another British colony occupied by the Japanese during World War II.
For some reason , they appeared to be uncirculated (recently printed?).

satootoko

JNDA#13-71 was issued in two versions, with and without serial numbers, for use in Maylaya. The more valuable note is the one with serial numbers. The values Cathy gave are for uncirculated notes. Other values - for "pretty" and "used" are ¥3,000/150 and ¥1,000/100.

That other denomination she mentioned is Roepiah (Rupiah), used in Indonesia, Java and the Dutch East Indies.

Unlike the various puppet governments set up in conquered areas of China, the Japanese used fractional currency instead of coinage in the Pacific theatre of operations, so there are notes in both dollars and cents (and their equivalents in other languages).

The vast majority of the 50+ Pacific War military notes are valued at less than ¥10,000 i(~$86) n uncirculated condition, with the highest value in the 2006 catalog being ¥145,000 (~$1,250) for an uncirculated 1,000 Rupiah.

A note on values - generally the catalog values of Japanese coins are considerably higher in the JNDA catalog than in Krause, and Japanese coin dealers generally adhere fairly tightly to the catalog values as their retail prices, with some upward drift as the year progresses.



<< <i> have like 6 bills and hundreds of forigen coins if there are any in perticular that are worth a substanchal amount, any advice would be greatly appreciated. >>

The best advice I can give you is to visit your local public library and consult the telephone book-size Standard Catalog of World Coins and the Standard Catalog of World Banknotes. Your notes and coins could have individual values ranging from cents to tens of thousands of dollars, and without seeing them no one can give you an accurate guess as to their value.

smokinjoe925

WOW, That was EXTREAMLY helpful. Thanks, ill post a pic today

satootoko

Unfortunately, in that condition, and with no serial number, I'm afraid you'd be hard pressed to find a dealer willing to buy it, or a retail buyer willing to pay ¥50.

smokinjoe925

Yeah I thought hat it wasn't in very good condition.

danglen

I carry several different types of JIM on my website, the most expensive being the set from Malasia. The Burmese sets can be had fairly inexpensively, even in Crisp Uncirculated condition.

WillieBoyd2

I bought a set of these bills in around 1965, either from a Coin World ad or the Johnson Smith company.
The bills were uncirculated.
They were so fresh that I wondered at the time if they had been run off a printer recently.

lordmarcovan

<< <i>They were so fresh that I wondered at the time if they had been run off a printer recently. >>

They were probably just stockpiled during the war and never used.