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10 Yen US Military Currency - B-Note

Issuer Allied Military Authority (US)
Year 1945
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Value 10 Yen (10 JPY)
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Obverse lettering MILITARY CURRENCY
拾      10
SERIES     B
100
 A 01859224 A
拾      拾
圓  TEN YEN 圓
 B   SERIES 100
10  軍票  拾
(Translation: 10 10   10 Yen  Yen 10 Military currency)
Reverse description Printed in brown on a pink-toned guilloche underprint, the reverse is dominated by a large central ornamental vignette composed of acanthus scrollwork surrounding an oval guilloche medallion with a foliate motif at its centre, set on a pedestal-like base. The inscription 'ISSUED PURSUANT TO MILITARY PROCLAMATION' appears in a ruled panel at the top, and the Japanese equivalent 軍事布告に基き發行す is rendered in a panel along the bottom.
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Comments

The B-yen notes were issued by U.S. occupation authorities following Japan's surrender in August 1945, replacing the wartime military yen and circulating alongside — then gradually displacing — the existing Bank of Japan notes. The "B" designation distinguished them from the earlier Type A military currency used during Pacific operations. Printed by the Bureau of Engraving and Printing in Washington, they were legal tender throughout occupied Japan and accepted at a fixed rate of 15 yen to the dollar.

The series became a persistent headache for occupation finance officials. Black market exchange between B-yen and regular yen was rampant, and the notes were eventually demonetized in September 1948 as part of the broader effort to stabilize the Japanese economy ahead of the Dodge Line reforms.

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