Features of The Japanese Military Yen
The initial series of the Japanese military yen were replicas of standard Japanese yen with minor modifications. Generally, thick red lines were overprinted to cancel the name "Bank of Japan" (日本銀行) and any text promising to pay the bearer in gold or silver. Large red text instead indicated that the note was military currency ("軍用手票") so as not to be confused with regular Japanese yen.
Later series were less crude, with design modifications being made on the printing plates.
In the early 1940s, the Japanese government issued specially designed military yen. These were not based on existing Japanese yen, but featured designs such as peacocks and dragons. All later series featured text on the reverse of the note:
- 此票一到即換正面所開日本通貨. 如有偽造、變造、仿造、或知情行使者均應重罰不貸.
- The text mentions that "This note is exchangeable to Japanese currency upon presentation. Severe punishment would be applied to anyone who counterfeits or knowingly uses such forged notes."
Early issues did not have serial numbers, and were issued without regard for inflation. Later issues did initially feature serial numbers. Towards the end of the war, as more money was needed to pay military personnel, notes were issued without serial numbers once more.
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