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| Issuer | New York Port of Embarkation (NYPE) Exchange |
|---|---|
| Year | 1946 |
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| Value | Log in to see details |
| Currency | Dollar (1785-date) |
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| Obverse description | Tan/buff paper with black letterpress text. The upper portion carries the two-line inscription PORT TERMINALS / NYPE EXCHANGE, followed by the Italian-language validity warning CUPONI STACCATI NON SONO VALIDI. A serial number prefix field appears at lower left in black, with the serial number printed in red. The denomination 1 / CENT is set in bold type within a ruled rectangular box at the right. |
|---|---|
| Obverse lettering | PORT TERMINALS NYPE EXCHANGE CUPONI STACCATI NON SONO VALIDI 1 CENT |
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| Comments |
The New York Port of Embarkation operated a network of prisoner-of-war camps across the northeastern United States, and the scrip issued through its exchange system was designed to restrict what POWs — primarily German and Italian — could purchase and where. Camp scrip prevented hard currency from reaching enemy hands while still permitting controlled canteen transactions under Geneva Convention requirements, which obligated detaining powers to compensate prisoners for labor.
By 1946, most Axis POWs held in the U.S. were awaiting repatriation rather than active internment, making late-issue denominations like this 1 cent piece more administrative artifact than functional currency.