Friday, April 8, 2011

What is the current value (in US dollars) of a Japanese 50 yen banknote?

Question:


I have a 50 yen banknote from Japan circa 1943. My grandfather was in the war and there is an inscription on the top that says "Tarawa Atoll Nov. 20 1943". I was wondering what this thing's worth nowadays, and where I would be able to get it accredited. I know about the battle at Tarawa Atoll and was thinking maybe this would add to the value?

Answer:


I think the 50 yen banknote is probably 軍票 (Military-issued notes) and not a currency that was used in Japan proper.

It probably has no monetary value, but rather historical value that collectors might be willing to pay. Not sure how much it is worth though.

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