Phillippine 100 Peso Occupation

Name/Title

Phillippine 100 Peso Occupation

Entry/Object ID

2011.16.1

Description

Japanese 100 Peso occupation money from the Philippines On 10 December 1941 Japanese troops landed on Luzon. The Japanese invaded Manila on 2 January 1942, and in the process captured more than $20.5 Million in U.S. and local cash and an unknown amount of foreign currency and bullion. The Japanese used this hard currency abroad to purchase raw materials, rice and weapons to fuel and feed its war machine. In its place, the Japanese issued several series of fiat currency. The first issue in 1942 consisted of denominations of 1, 5, 10 and 50 centavos and 1, 5, and 10 Pesos. 1943 brought "replacement notes" of the 1, 5 and 10 Pesos. 1944 ushered in a 100 Peso note and soon after an inflationary 500 Pesos note. Near the end of the war in 1945 the Japanese issued a 1,000 Pesos note. Plates for this note were completed in Manila shortly before U.S. troops entered the city on 3 February 1945, and the Japanese printed the 1,000 Pesos note while they were retreating from Manila to Baguio. The Japanese were on the defensive and short of supplies. They diluted printer's ink with duplicator fluid to stretch stores

Cataloged By

Chris Causley

Acquisition

Accession

2011.16

Source or Donor

Kevin Walsh

Acquisition Method

Donation

Source (if not Accessioned)

Rick Walsh

Made/Created

Date made

1944

Time Period

World War Two

Place of Origin

Country

Philippines

Location

Location

Box

Box D-1

Other

Store Room 1 Shelf

Category

Storage

Condition

Overall Condition

Very Good