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Message:: [QUOTE="satootoko, post: 174344, member: 669"]It's listed in the JNDA catalog as #13-25, an Otogoo "Military Note of the China Japanese Incident".  I don't see a date on the note, but the style is similar to the later Meiji domestic notes, and it is listed between the notes of the Siberian Expedition (the very early 20th century Russo-Japanese War): and the notes of the Pacific War (WW II) so my guess is that the incident referred to is one of the many skirmishes between the Chinese and Japanese Empires before the 1912 Chinese revolution. The Beautiful Bride isn't home to translate the Japanese description, and there is no English language descriptive information in the catalog.  The value is given in the 2006 edition as ¥500-5,000 (~US$4.30-43.00).  I'm awaiting delivery of the 2007 edition, but I will be very surprised if there is much price movement. Japan wasn't serial numbering its currency at that time.  Interestingly, neither the "520" nor any other number appears on the one pictured in the catalog. UPDATE after the BB came home. The note is undated, but it was issued in the year Showa 13 (1938), so it is from the period before the Second Sino-Japanese War expanded to become part of WW II.  Military Notes were issued to Japanese servicemen stationed outside the country, and served exactly the same function as the US Military Payment Certificates (and their predecessor Series A Yen Notes) issued from 1947-69 for use by overseas troops.[/QUOTE]