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During World War II in the Philippines, the occupying Japanese government issued a fiat currency in several denominations; this is known as the Japanese government–issued Philippine peso (see also Japanese invasion money). [1]
Japanese military currency (日本軍用手票) is the name given to money used by the Japanese armed forces for the purchase of supplies in occupied territories. [1] It was mainly issued in denominations of yen, and subsidiary currency of sen with the exception of the first Sino-Japanese War series.
An auction held in 2011 featuring one of these coins sold it for $230,000 . [23] Less than 10 coins dated 1880 (year 13) of the original mintage of 103 are thought to exist today. Millions of minted coins were recorded during the Shōwa era, but it is unclear how many of these coins survived.
The Philippine peso is ultimately derived from the Spanish peso or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. [1 ...
The yen was officially adopted by the Meiji government in an act signed on June 27, 1871. [3] While silver one yen coins are dated 1870, this indicates their mintage date at the San Francisco Mint as the coins were not issued until the following year. [1] [4] Gold one yen coins dated 1871 were not minted until 1872 at the newly formed Osaka ...
1 yen 7th 七 1874 KM-Pn23 Virtually identical to the adopted 2nd silver design. [48] 1 yen 34th 四十三 1901 KM-Pn31 The obverse has a sunburst surrounded by a circle with legends around it, "1 YEN" is in Arabic. There is nothing on the reverse except 1 Yen written in Kanji. This coin was struck in copper. [49] 1 yen 34th 四十三 1901
The Philippine peso is derived from the Spanish dollar or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. [1]
A Japanese auction [1] (also called ascending clock auction [2]) is a dynamic auction format. It proceeds in the following way. An initial price is displayed. This is usually a low price - it may be either 0 or the seller's reserve price. All buyers that are interested in buying the item at the displayed price enter the auction arena.