JAPANESE INVASION MONEY from World War II - 5 Note Collection in Album with COA

Description

WORLD WAR II
JAPANESE INVASION ALBUM
A SET OF 5 BANKNOTES IN ALBUM
with Story Card and Certificate of Authenticity
PERFECT GIFT!
This collection contains genuine banknotes issued by the Japanese Government for use in the occupied Pacific Rim nations occupied during the Second World War. Although denominated in the native currencies, the exchange rates were pegged to the Japanese yen at the time, so 1 yen = 1 peso, for example. Note the similarity between the Philippine 10 peso and the U.S. bill.
On December 7, 1941—a “date that will live in infamy” in FDR’s memorable phrase—the Empire of Japan launched a surprise attack on the U.S. naval base at Pearl Harbor, Hawaii. There was some method to this seeming madness. Japan had vast ambitions in the Pacific, and the Emperor’s war planners hoped that such an attack would soften U.S. resolve and convince the Americans to leave the Pacific region. Absent the U.S., Japan would emerge as the dominant force in Asia.
Indeed, Japan had invaded Manchuria, on the Chinese mainland, in 1931, and had been fighting the Chinese for a full decade before Pearl Harbor. In 1940, the Japanese took Indochina from the French and coerced the Dutch to surrender valuable oil rights in the East Indies. Pearl Harbor itself was not an isolated attack, but the first strike against various territories in the region. The Philippines, British Malaya, and Burma also fell to the Imperial Japanese forces.
Japan’s method of initiating control of the economies of the newly occupied territories was, immediately upon arrival, to replace the local currency with new banknotes, prepared in advance. This “Japanese Invasion Money,” or “JIM notes,” included mainland China, Burma, Malaya, the Philippines, and the Dutch East Indies (now Indonesia). Despite furious fighting with the Americans and other Allied forces, Japan had stabilized control of its new territories by 1942, consolidating currency administration to its Southern Development Bank.
But Japan’s decision to strike the U.S. was a blunder. Far from leaving the territory, the United States promptly declared war and mustered its forces to take on, and take out, Japan. After four years of often brutal fighting against an increasingly desperate foe, the United States dropped two atomic bombs on the Japanese cities of Hiroshima and Nagasaki. Japan promptly surrendered, ending the war, and rendering the JIM notes worthless.
The Notes:
• China 5 yen: P M25 - Size: 132 x 75 mm
• Netherlands East Indies 5 cent: P 120 - Size: 100 x 49 mm
• Malaya 10 dollars: P M7 - Size: 160 x 77 mm
• Burma 10 rupees: P 16b - Size: 160 x 77 mm
• Philippines 10 pesos: P111 - Size: 160 x 77 mm
Album open measures: 11" x 7.5"
Album folded measures: 5.5" x 7.5"
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