There's a superabundance drifting around every coin shop in Florida in a wide range of denominations and mostly in what I assume to be good condition. Mostly they are from the Phillipines, they could very well all be from there, I wasn't paying that much attention.
In terms of cost they are being offered at roughly 25c each, which seems very low, comparable German issues from the same period are far more expensive.
Do these notes have any significant valiue? They seem to be pretty low quality, is this normal? I does occur to me that being available in large numbers and of indifferent quality that these might be the work of some large scale modern forger rather than originals.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
Verweis : "pnightingale"Thanks Fred. So, genuine but pretty worthless would seem to be the Wiki verdict.
About the only ones that I have seen to have any value to them are in UNC condition. Surprisingly enough, the counterfeit ones made in Australia fetch a little more than the original ones. That is if you can tell the difference ..
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Do not argue with ignorant people .. !! They will drag you down to their level, then pulverize you with experience ...
The Japanese had South East Asia just like Germany had Europe. But the Japanese government issued war money in every colony, so there are a lot! And they are often in very bad condition, often ripped and torn like toilet paper, so the value is pretty much nothing. I have a few from The Philippines, Burma, Malaya, "Oceania", and Dutch Indies. It's a piece of history, that's all.
I don't really collect banknotes but I might try to pick up a complete set of these while they're available so cheap. Put them in the same album as the full sheets of vintage US stamps I've been buying for 90% of face value and forget about them. By the time my children find them they may have some value.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
Verweis : "pnightingale"Thanks Fred. So, genuine but pretty worthless would seem to be the Wiki verdict.
About the only ones that I have seen to have any value to them are in UNC condition.
That's correct, and even then the value in UNC Japanese occupation notes is tiny; I got the whole Dutch East Indies Japanese occupation set (in UNC) for 3 US Dollars. I routinely see those notes in dealers' 50 cent and 1€ bins, and even the high denomination notes are relatively cheap in whatever condition.
These notes were issued in huge quantities and with little hard, physical collateral, unlike the (often) confiscated pre-occupation currencies, so they were nicknamed "Mickey Mouse money" in places like the Philippines where a black market sprang up during the occupation for pre-war silver peso coins.
Verweis : "pnightingale"By the time my children find them they may have some value.
Phil,
Its funny you say this. Often I come across some interesting postage stamp or banknote and I think to myself "Hm, maybe I should buy it....". The problem is that I really do not collect stamps and I only collect very specific banknotes. However sometimes the subject matter or imagery just really get me and I end up buying it. Now comes another issue - how and where to I keep these odd pieces? Sometimes I feel that I buy so much random stuff that I feel like a hoarder.
So to make myself feel better I tell myself "By the time my children find them they may have some value."
Aaron
For the past 30 years I've been keeping my old credit / debit cards. They don't take up much room and as many of the smaller banks got gobbled up in the Lehman Bros. fiasco they mave have some value down the road.
Non illegitimis carborundum est. Excellent advice for all coins.
Make Numismatics Great Again!
