CLICK HERE >>>> https://www.ebay.com/str/Arcane-Treasures <<<< CLICK HERE
AUCTIONS STARTING OFF $0.01 WITH NO RESERVE!

This Is One Lot Thats Not In Many Peoples War History Collection. A Nice Lot That Will Complement Any Collection.

Up For Auction Is A Lot World War 2 Japanese Invasion Occupation Government Issued 5, 10 & 100 Peso From The Philippines 1944. 

Beginning with the capture of the Philippines, the Japanese military confiscated all hard currency, both on a federal and individual level, replacing it with locally printed notes bearing a proclamation of military issue. All notes bore the name of the Imperial Japanese government. Some notes proclaimed the "promises to pay the bearer on demand". Called “Mickey Mouse Money" by local Filipinos, it was valueless after the overthrow of the Japanese, and tons of it were burned. Japanese troops were ordered to destroy bank records and any remaining currency prior to capitulation. 

With the end of World War II, the currency circulated bearing the Japanese name immediately lost any value it once possessed and was discarded en masse. Counter stamped currency are the notes that were traded in shortly after the world war for currency with a monetary value. Money that was issued included the Philippines, Burma (now Myanmar), Malaya, North Borneo and Sarawak (now Malaysia), Singapore, Brunei, the Dutch East Indies (now Indonesia) and some areas of Oceania (New Guinea and the Solomon and Gilbert islands). Large amounts of the currency were obtained by Allied forces and civilians at the end of the war.

When WWII ended, most of these notes were destroyed, but there were still a few left.