Bank.notes

Collection Japan #526

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1 Dollar Japanese Occupation Dollar

Japan 1900_1945 XF P-M5 Needs review ✦ AI 88%
blurry
Front · IMG_7247.HEIC cropped
Back · IMG_7248.HEIC cropped
Pair check: not yet checked
Identity

Where & when

Country Japan
Currency Japanese Occupation Dollar
Denomination 1 Dollar
Series name Japanese Government Occupation Currency
Series year
Issue year
Era 1900_1945
Legal status demonetized
Predecessor currency
Successor currency Local currencies restored
Subjects & design

What's on the note

Front portrait
Reverse subject Tropical vegetation motifs
Watermark
Color palette #1e3a5f,#f5e6d3,#2a2a2a
Themes military,occupation
Language / script Latin, Chinese

Front: Japanese Government Occupation Currency one dollar note issued during World War II for use in occupied territories across Southeast Asia and the Pacific. The design features an ornate guilloché pattern with the denomination '1' prominently displayed at center, surrounded by intricate geometric lathe-work security printing. The note displays 'MO' indicators in each corner, standing for 'Malaya' series, one of several regional block letter codes used to designate different occupation zones (others included 'MP' for Philippines, 'MI' for Dutch East Indies). This invasion currency was printed in vast quantities and circulated alongside or replaced local currencies in territories under Japanese military control from 1942–1945.

Back: Tropical vegetation motifs with palm fronds and foliage flanking the central text panel. The English text reads 'THE JAPANESE GOVERNMENT' followed by 'PROMISES TO PAY THE BEARER ON DEMAND' and 'ONE DOLLAR'. Chinese characters appear at the bottom border. The denomination '1' appears in circular medallions on both left and right sides. The 'MO' block letters are repeated in the lower corners, consistent with the Malaya-series designation. This occupation scrip was part of Japan's wartime economic strategy to facilitate commerce in conquered territories while conserving precious metals and established currencies for the war effort.

Production

How it was made

Issuer The Japanese Government
Issuer (native) 大日本帝國政府
Printer
Engraver
Material paper
Dimensions (mm)
Geography

Japan in Asia

Japan in Asia. Other countries on the same continent shown in muted grey.

The story

Background & history

This is Japanese Government invasion currency issued during World War II for circulation in occupied territories. The 'MO' block letters indicate this note was designated for use in Malaya (modern Malaysia and Singapore), though these notes circulated widely across Japanese-occupied Southeast Asia and Pacific islands from 1942–1945. The Japanese military printed enormous quantities of this scrip through multiple printers, leading to rampant inflation and the derogatory nickname 'banana money' among occupied populations (due to the banana tree motifs on some denominations). The series included denominations from 1 cent to 1000 dollars. Following Japan's surrender in August 1945, these notes became worthless overnight, causing severe economic hardship for populations that had been forced to exchange their legitimate currency for occupation scrip. The Pick numbering system uses 'M' prefix for this Japanese military currency. No signatures appear on these notes as they were government-issued military scrip rather than bank notes. The exact printing dates and printers for individual notes are difficult to determine as multiple facilities in Japan and occupied territories produced these notes throughout the war.

Catalogue

Collector references

Pick # M5
Krause ID
Rarity tier common
Series range 1942–1945
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade XF
Serial number

Note shows light circulation with minor edge wear and slight soiling. Paper remains intact with good color and detail retention. Some minor creasing visible.

Valuation

What it's worth now

$5–$15
Type default range $5–$15
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 07:16:19 5.0 15.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (1)
anthropic · claude-sonnet-4-5 2026-05-10 07:16:19
status: ok · step 1 · $0.0416 · 7371↓ + 1302↑ tokens
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