OLD 10 SEN 1944 BANKNOTE OF JAPAN WORLD WAR II {7} TOWER & SUN RAYS

Description

OLD
10 SEN
1944 BANKNOTE OF JAPAN - SERIES {7}
WORLD WAR II
You are invited to bid on an old 10 sen banknote of Japan issued in 1944
during World War II, shown on the attached pictures.
First issue ten sen notes (い10銭券) were printed as a direct result of World War II. Previously currency consisted of ten sen coins which were minted in tin provided from Japanese occupied Southeast Asia. These coins were discontinued towards the end of 1944 due to allied air superiority and control over the seas, making further tin procurement nearly impossible.
Ten sen first series notes were released shortly afterwards starting on November 1, 1944 (Shōwa year 19).
The Bank of Japan was responsible for issuing the notes having been reorganized two years earlier.
Ten sen first issue notes feature the "Peace Tower" in Heiwadai Park on the obverse, while the reverse is decorated in a color crest. The notes measure 51mm x 106mm in size and have a black on purple underprint hue. Ten sen first issue notes were eventually demonetized at the end of 1953 when the Japanese government passed a law abolishing this series of subsidiary currency in favor of the yen.
Like their other counterparts, currencies of less than one yen were rarely used by this time due to excessive post-war inflation.
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