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50 Sen - Shōwa Imperial Japanese Government

Issuer Imperial Japanese Government
Year 1945-1947
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Shape Rectangular
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Obverse lettering 五  幣紙府政國帝本日
拾 {98}
            五 昭
            拾 和
            錢 二
              十
大大            年
臣藏           {98} 50
(Translation: 50 Imperial Japanese Government Note Fifty sen Finance Minister Year 20 of Shōwa)
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Reverse lettering 50 50
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Comments

P#60 belongs to the final phase of wartime and immediate postwar Japanese fractional currency — a period when the government was printing notes to cover spending it could no longer finance through taxation or borrowing. By 1945 the Bank of Japan's printing infrastructure had been severely disrupted by Allied bombing, and production quality across multiple series declined noticeably toward the end of the run.

The date range straddles surrender. Notes from this type circulated under two entirely different political realities without any change in design, which the Occupation authorities permitted temporarily while scrambling to introduce replacement issues.

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