Japan

Japanese banknotes from an 1889 1 yen to wartime yen and sen notes, plus Japanese occupation money from Malaya and the Philippines.

Many WWII notes are offered as affordable bundles.

History and frequently asked questions below ↓

About Japan banknotes

The Bank of Japan began issuing notes in 1885. During the Second World War Japan printed occupation currency for the territories it controlled, such as the Malayan "banana money" and Philippine peso notes, which became nearly worthless as inflation soared. After the war the yen was reformed and stabilised.

See also: Asian banknotes, Malaysia, Philippines and World War II banknotes.

Frequently asked questions

What is "banana money"?

Japanese occupation dollars in Malaya, nicknamed after the banana trees on the 10 dollar note.

Is Japanese occupation money rare?

Most was printed in huge quantities and is affordable, though high-grade examples are scarcer.

Who issues Japanese banknotes?

The Bank of Japan, which has issued notes since 1885.

Are your Japan banknotes genuine?

Yes. Every Japan note we sell is a genuine banknote, never a copy or replica. Each listing states the grade, gives the Pick catalogue number where one exists and shows the front and back, and every order ships tracked from Hungary.