Catalog
10 Yen / Ien'
| Issuer | Императорское Японское правительство (Imperial Japanese Government) |
|---|---|
| Year | 1918 |
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| Printer | Cabinet Printing Bureau, Japan (大蔵省印刷局) |
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|---|---|
| Obverse lettering | 軍用手票 金拾圓 大日本帝國政府 大正七年発行 大日本帝国印刷局蔵版聚楽 10 Іенъ Японскаго Монетою. Императорское Японское Правительство. |
| Reverse description | The reverse presents a plain cream-toned field bearing a large central oval vignette with a lace-guilloche border enclosing a block of vertical kanji text setting out the note's legal tender and anti-counterfeiting declaration. Below the oval cartouche sits a circular red seal of the Imperial Japanese Government printed in intaglio, bearing kanji characters within an ornamental frame. |
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| Comments |
Japan's wartime industrial boom created genuine inflationary pressure by 1918, and the government — not the Bank of Japan — remained the direct issuer of low-denomination notes well into the twentieth century under the Meiji-era framework that had never fully transferred note-issuing authority to the central bank. P#18 belongs to that tradition.
The Cabinet Printing Bureau (大蔵省印刷局) had been producing government securities and currency since the 1870s, and by this period had developed considerable in-house intaglio capability, reducing Japan's earlier dependence on foreign printers. Cotton substrate was standard for the Bureau's output at this date.