Japanese government-issued 10 pesos

Updated September 24, 2026

Lot number	35
Auction	NEW ITEMS CAMERAS, CAMPING, TOOLS, NEW AND OLD MONEY
Date	October 7, 2026 at 8:49 PM CDT
Auction house	FAMILY AUCTIONS FROM OKLAHOMA
Location	Sapulpa, Oklahoma

Japanese government-issued 10 pesos banknote, most likely from the period of World War II, when Japan occupied parts of Southeast Asia, including the Philippines. Here's a breakdown of what you're seeing: ?? Key Features: - Issuer: "THE JAPANESE GOVERNMENT" — not Japan’s central bank, but the occupying authority. - Denomination: Ten Pesos (?10) - Design Elements: - Ornate borders and flourishes - Agricultural imagery on the right, symbolizing local resources - Red “PD” markings — possibly a series or control mark - Japanese characters at the bottom, likely denoting the issuing authority ??? Historical Context: - These notes were part of what collectors call “Japanese Invasion Money” (JIM). - Issued during Japan’s occupation of the Philippines (1942–1945). - Intended to replace local currency, but quickly lost value due to inflation and resistance from locals. - After the war, these notes became obsolete — but they’re now collectible for their historical significance. ?? Collector Value: - Condition matters: Crisp, uncirculated notes fetch more. - Rarity: Some series or denominations are scarcer than others. - Historical appeal: Especially valuable to WWII and numismatic collectors.

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