Japanese Government Currency or Japanese Invasion Money (JIM) One Peso. WW2 era. Worn and circulated condition. Additional Notes: These types of occupation currency are often referred to as Japanese Invasion Money (JIM). JIM shilling and pound notes were issued for use in Australian mandated territories throughout British Oceania (principally Gilberts and Solomons, New Britain and Papua New Guinea). The JIM pound was issued utilizing the Australian pound as the basic monetary unit, hence the rise in rumors that their production indicated Japan’s intention to invade Australia. Generally, the Japanese Government authorized various printings to equate approximately with each occupied country’s pre-war currency, and these printings were usually planned and published ahead of the invasions. The philosophy behind the issue was to maintain economic stability within the occupied country; and as part of Japan’s stated plan for a “Greater East Asia Co-Prosperity Sphere”, to abolish all traces of western influence and establish Japan as the dominant economic influence. Thus, the occupation of Burma saw the issue of cents and rupee JIM; cents/guilder were produced for the Netherlands East Indies, centavos/pesos produced for use in the Philippines and Dollars and Cents for Malaya and Singapore. See Additional Information for shipping dimensions.
