What is the value of Japanese 10 centavos?

Answer 1

During the World War II Japanese Occupation of the Philippine Islands, the Japanese issued banknotes for the Philippines in the denominations of 1, 5, 10, and 50 Centavos, and 1, 5, 10, 100, and 1000 Pesos. These banknotes were valid only during the Occupation period. After the USA drove the Japanese out of the Philippines, their "Banana Money" as it was called, ceased to have any value other than numismatic value.

Today, these banknotes are frequently sold in many coin shops and on the Internet. It is not uncommon for those in circulated condition to sell for such as 15 or 20 cents each, and for those in AU to UNC conditions to sell for about a Quarter to a Dollar each.

After the war, various groups attempted to get Uncle Sam to redeem the Japanese Occupation money. Nothing ever came out of that effort.

It is very difficult for many people in the USA to believe that most of the paper money ever printed in the World is now worthless, as every coin and banknote issued by the US Government is still redeemable. But the facts are that the USA is relatively unique in this. Most countries frequently recall the old and issue new at some time or another. Inflation creates worthless paper money, we've seen this in Germany, especially during the 1920s and 1930s, Greece, Turkey, Argentina, and many of the newly independent states of the old USSR also have gone through terrible inflation. Yugoslavia has been most harmed because of inflation since about 1991.

Answer 2

These Japanese invasion currency coins were issued for use in the Philippines, and were quite plentiful. In circulated condition it's worth a dollar or two.

Answer 3

$ 20.00

Answer 4

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