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10 Yen
| Issuer | Japanese Imperial Government (Military Currency) |
|---|---|
| Year | 1938 |
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| Composition | Log in to see details |
| Size | 140 × 80 mm |
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| Obverse description | Black intaglio on green and brown guilloche underprint, with bold red letterpress overprint in Chinese characters applied across the base design. At right, an intaglio portrait vignette presents a bearded court noble in traditional Heian-period ceremonial dress; at centre-left, an ornate floral rosette medallion bears the numeral '10'. The Imperial chrysanthemum seal appears at top centre, with vertical Japanese text '日本銀行' and the red overprint legend '大日本帝国政府軍用手票' running along the lower margin. |
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| Reverse lettering | 拾 軍用手票 日満親善勉励 10 YEN 此票一到即換正面所開 日本通貨 如有偽造繕造仿造或知情行使者均應重罰不貸 10 10 10 10 |
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| Comments |
Japanese military yen were issued as occupation currency during the Second Sino-Japanese War — functionally convertible with regular yen at par, but deliberately separated from the domestic monetary system to prevent inflationary pressure from flowing back into Japan proper. In practice, the separation was imperfect, and military yen circulated alongside Bank of Japan notes in occupied territories with little distinction made at street level.
The M26 series was printed by the Cabinet Printing Bureau in Tokyo, the same facility responsible for civilian government securities. That institutional continuity is part of why these notes often get misattributed as standard Bank of Japan issues by less experienced collectors.