Product Description
Philippines 1 Peso & 5 Pesos WWII Japanese Occupation Note Pair, Japan invaded the Philippines after the bombing of Pearl Harbor. Local currency was demonetized and replaced with notes printed by the Japanese government. Denominations were deliberately printed to look like American $1 and $5 bills. Filipinos referred to occupation notes as "Mickey Mouse money" inferring that the currency was play money, thereby worthless. When U.S. forces expelled the Japanese, they also destroyed much of the occupation currency. These surviving Circulated notes are an authentic piece of WWII history!
Allied Military Currency 5-Note Collection, During the war, Allied powers issued special military currency (AMC) to liberated countries. As was the typical fashion, soldiers serving overseas were paid in their home currency, but in economies damaged by the war, a stronger currency such as the U.S. dollar increased the risk of inflation and black market activities. Most of these AMC notes were printed by the United States Bureau of Engraving and Printing and were produced in Austrian schillings, French francs, German marks, Italian lire and Japanese sen and yen. Circulated condition.