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200 Yen Printers Assay

Issuer Bank of Japan
Year 1927
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Value 200 Yen (200 JPY)
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Reverse description Printed entirely in red, the reverse centres on the circular logo of the Nippon Ginko (Bank of Japan) above the word "Specimen" rendered in cursive script. The denomination is expressed in Japanese characters within a guilloche panel, with the numeral and English legend "200 YEN" appearing below.
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Protection type Watermark
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Comments

This note was never intended for circulation. Printers assays — or "試刷" (shisatsu) in Japanese — were produced by the Cabinet Printing Bureau to test ink distribution, paper quality, and plate registration before a series entered production. The 200 Yen denomination itself was an unusual choice; Japan's interwar note series more typically centered on round figures tied to daily commerce, and a 200 Yen face value suggests this was a technical exercise rather than a denomination ever seriously considered for release.

The timing — 1927 — places this squarely within Japan's Shōwa Financial Crisis, when dozens of banks collapsed and the government declared a three-week bank holiday. Whether this assay was connected to emergency currency planning or simply routine bureau work is not established in the literature.

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