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1 Cent Japanese Occupation

Issuer Japanese Government (大日本帝國政府)
Year 1942
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Shape Rectangular
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Reverse description Printed in dark green on a plain pale background, the reverse is composed entirely of geometric guilloche work. A large central cartouche encloses an intricate rosette of fine lace-like lathe-work with the numeral "1" at its centre, flanked by floral ornamental fillers; each of the four corners carries the numeral "1" set within a scroll-work roundel, and a dense guilloche border frames the entire composition.
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Variants P#119a - two Block letters
P#119b - fractional Block
Comments

Issued for occupied Malaya and Borneo following the rapid Japanese advance through Southeast Asia in early 1942, this note was part of the "banana money" series — so called by locals who resented the near-worthless scrip the occupying administration forced into circulation as a substitute for Straits dollar coinage. The Japanese military government printed these in Japan and shipped them in bulk, with no serial numbers on the lower denominations, a deliberate cost-cutting measure that made counterfeiting trivially easy.

By 1945, hyperinflation had rendered the entire series economically useless. Surrender made it officially worthless overnight.

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