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<p>[QUOTE="TuckHard, post: 3786820, member: 102653"]Very nice write-up and it is an interesting topic that I hadn't considered before. I found <a href="https://en.wikipedia.org/wiki/Japanese_invasion_money#Counterfeit_notes" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Japanese_invasion_money#Counterfeit_notes" rel="nofollow">Wikipedia's short section</a> on the counterfeit bills; here is what they had to say.</p><p><br /></p><p>The U.S. counterfeited notes throughout the war partly in an attempt to destabilize the local economy, thereby demoralizing the Japanese, and to supply guerrillas fighting the Japanese. General MacArthur asked the Office of Strategic Services (OSS) to replicate the Japanese currency in the Philippines for his eventual return. By luck, a supply of paper made from plants native to Japan was located in the U.S. When that supply was exhausted the counterfeiting operation was transferred to Australia. In 1943 MacArthur requested and received the following counterfeited notes; five million 10-Peso notes, three million 5-Peso notes, one and a half million 1-Peso notes and five hundred thousand 50 centavo notes. The American forgeries are known to have the following block letter codes:</p><p><br /></p><p>50 Centavo bills - PA, PB, PE, PF, PG, PH and PI 1 Peso bills - PH 5 Peso bills - PD 10 Peso bills - PA, PB, and PC</p><p><br /></p><p><br /></p><p>Counterfeit Japanese Invasion Money was produced by the Commonwealth Bank of Australia (CBA), at the time Australia's central bank. Recently discovered correspondence from the Netherlands Indies Commission to the Governor, Commonwealth Bank of Australia, on 5 October 1942 shows a request of nearly 70,000 pieces of counterfeit scrip in varying denominations. A follow-up letter three months later has a request for another 70,000 pieces of counterfeit scrip as the previous supply "proved to be very useful" and was exhausted.[/QUOTE]</p><p><br /></p>
[QUOTE="TuckHard, post: 3786820, member: 102653"]Very nice write-up and it is an interesting topic that I hadn't considered before. I found [URL='https://en.wikipedia.org/wiki/Japanese_invasion_money#Counterfeit_notes']Wikipedia's short section[/URL] on the counterfeit bills; here is what they had to say. The U.S. counterfeited notes throughout the war partly in an attempt to destabilize the local economy, thereby demoralizing the Japanese, and to supply guerrillas fighting the Japanese. General MacArthur asked the Office of Strategic Services (OSS) to replicate the Japanese currency in the Philippines for his eventual return. By luck, a supply of paper made from plants native to Japan was located in the U.S. When that supply was exhausted the counterfeiting operation was transferred to Australia. In 1943 MacArthur requested and received the following counterfeited notes; five million 10-Peso notes, three million 5-Peso notes, one and a half million 1-Peso notes and five hundred thousand 50 centavo notes. The American forgeries are known to have the following block letter codes: 50 Centavo bills - PA, PB, PE, PF, PG, PH and PI 1 Peso bills - PH 5 Peso bills - PD 10 Peso bills - PA, PB, and PC Counterfeit Japanese Invasion Money was produced by the Commonwealth Bank of Australia (CBA), at the time Australia's central bank. Recently discovered correspondence from the Netherlands Indies Commission to the Governor, Commonwealth Bank of Australia, on 5 October 1942 shows a request of nearly 70,000 pieces of counterfeit scrip in varying denominations. A follow-up letter three months later has a request for another 70,000 pieces of counterfeit scrip as the previous supply "proved to be very useful" and was exhausted.[/QUOTE]
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