CURRENCY
The Japanese Government One Peso PCGS AU 215
Key Facts & Value
Key Fact
Description
This is a 1942 'Japanese Government' One Peso banknote from the Philippines, graded AU by PCGS (certificate number 80042104). The obverse features a rural scene, while the reverse depicts a value of '1' within an ornate frame. This currency was issued during the Japanese occupation of the Philippines in World War II, making it a significant historical artifact.
History
This banknote was issued by the Japanese government during its occupation of the Philippines from 1942 to 1945. The Japanese aimed to establish economic control and printed these 'Japanese Government' notes to circulate as legal tender, replacing existing Philippine currency. These notes represent a turbulent period in Philippine history, marked by war and foreign rule.
Facts
The 'PH' designation on the banknote indicates its circulation in the Philippines. These notes were often referred to as 'Mickey Mouse money' by Filipinos due to their perceived low value and the paper quality. Their existence is a stark reminder of the economic disruptions caused by Japanese occupation, with hyperinflation a common consequence.
Value Fact
The market for Japanese occupation currency can be quite active, with prices influenced by rarity, condition, and historical significance. This particular 'Japanese Government' One Peso note, graded AU by PCGS, would likely fetch a price reflecting its collectible appeal and historical context, potentially in the range of $50 to $150, depending on the specific market and demand.
Item Details
Official Details
Variation Details
rhino5 Details
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