148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
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Daily Special! HUGE 5% Buyers Premium Discount on the first 100 lots of the auction each day!
We are proud to present 3000+ lots of our 3 day Key Date Coins Spectacular Live Auction! This is part one of this auction. This is a not to be missed event!
Join us on Tuesday, 10/22 – Thursday, 10/24.
Every auction has something for everyone, there is always a bargain to be had! From large estates to small estates, consignments from around the country, we have it all!
This auction will begin at 10am on Tuesday and Thursday and 11:00 am on Wednesday and will be hosted by Heidi, Dan, Jordan and Shanny.
We can't wait to see you at the auction!
The auction has ended
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LOT 4946:
1942-1944 Malaysia (Japanese WWII Occupation) 10 Dollars "Banana Money" Note P# M7c Grades Select CU. After ...
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Sold for: $15
Price including buyer’s premium:
$
17.70
Start price:
$
15
Estimated price :
$25 - $100
Buyer's Premium: 18%
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1942-1944 Malaysia (Japanese WWII Occupation) 10 Dollars "Banana Money" Note P# M7c Grades Select CU. After Japanese forces occupied Malaya early in 1942, they introduced new currency notes. Because the $10 note carried a picture of a banana plant, the wartime currency was referred to as banana money. For the first two years of the occupation, the Japanese maintained monetary discipline and kept circulation of this currency under control. However, with the country’s trading economy at a standstill, there was little to tax and, in order to fund the civil administration and purchase supplies for the military, the Japanese began printing more and more money. In December 1940, the active circulation of currency in Malaya was 120 million dollars. By the middle of 1945, the Japanese may have printed 4,000 million dollars, and the active circulation was 30 times greater than before the war. The predictable result was hyperinflation.
