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| 正面描述 | The central vignette presents two confronted long-tailed Onagadori fowl in the upper register, their plumage rendered in fine intaglio line work, flanked symmetrically by two rearing dragons in the lower register, all enclosed within an ornate cartouche with guilloche side panels and a chrysanthemum imperial seal at the apex. Denomination numerals "50" appear in Arabic figures at the upper left and lower right corners, with kanji equivalents at the upper right and lower left. The issuer inscription 大日本帝國政府 occupies a central oval tablet, with the date 昭和十二年 and printer's imprint 内閣印刷局謹製 along the lower margin. |
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| 背面铭文 | 正此票一到即換 面所開日本通貨 如有偽造便造仿 知情行變應造 或重貨著幼 |
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Japan's military occupation currency for China was issued in parallel with combat operations following the July 1937 Marco Polo Bridge Incident. The 50 Sen note was among the earliest denominations released under the military scrip system, intended to replace Chinese silver coinage in occupied territories and disrupt the Nationalist government's monetary base — not merely to facilitate troop payments.
The Cabinet Printing Bureau's involvement placed production under direct government rather than central bank authority, a deliberate structural choice that kept the Finance Ministry out of the occupation financing chain. Notes of this series circulated alongside the regular yen in ways that systematically drained silver from occupied regions.