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10 sen note
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Japanese currency denomination (1872–1948)
civilian issue currency military scrip of the same denomination Japanese military currency (disambiguation)Japanese military currency
10 sen note Japan 1 10 Japanese yen 1872–1947Non consecutive Various designs depending on the series. Various designs depending on the series.
The 10 sen note 十銭紙幣 was a denomination of Japanese yen issued in four different series from 1872 to 1947 for use in commerce. Meiji Tsūhō notes are the first modern banknotes issued after Japanese officials studied western culture. There circulated alongside ten sen coins until their withdrawal in 1887. The subsequent series were influenced by World War I and World War II; fractional ten sen notes were issued due to a coin shortage caused by the first war. They were suspended in the early 1920s and later demonetized in 1948. The final two series were issued by the Bank of Japan, not the treasury. The initial series was released as ten sen coins could no longer be produced, and the 'A' series was introduced post-war to combat inflation. Both were demonetized by the end of 1953, following a law that favored the yen over subsidiary notes. Ten sen notes are now collected and traded based on their condition.
Government currency
Meiji Tsūhō (1872)
thumb|130px|Meiji Tsūhō note (obverse)
The first ten sen notes adopted and released by the Japanese government are part of a series known as Meiji Tsūhō 明治通宝. These notes were the first Japanese currency ever to be printed using western printing at "Dondorf and Naumann", which was located in Frankfurt.https://www.pmgnotes.com/priceguide/world-note-prices.aspx?deid=1741890&subcat=1872%20Issue&fromsearch=true Japan - Great Japanese Government - Ministry of Finance: 1872 Issue 10 Sen Paper Money Guaranty December 17, 2020 Meiji Tsuho notes were designed by Edoardo Chiossone sometime in 1870 while he was working for Dondorf Naumann on behalf of The National Bank in the Kingdom of Italy.https://books.google.com/books?id=yfXIDwAAQBAJ&dq=Dondorf+Naumann+Japan&pg=PA223 A bridge of Art and Culture Connecting Italy and Japan Exchanges and Parallels between Italy and East Asia Gaoheng Zhang, Mario Mignone Cambridge Scholars Publishing 2019 223 9781527544628 The process of making Chiossone's proposed design a reality started with the establishment of the "Imperial Printing Bureau of Japan" in 1871 (4th year of Meiji). In order to produce the currency the Japanese government reached out to Dondorf and Naumann to gain access to Western technology. Chiossone had a falling out with Italian Bank as his relationship with them had hit a breaking point. When the company suggested Chiossone for the role as engraver, he quickly accepted the offer. The production of money was handed over to the Imperial Printing Bureau in January 1872 when banknotes began to arrive from Germany.https://dl.ndl.go.jp/view/download/digidepo_11001129_po_ayumi.pdf?contentNo=1&alternativeNo= Mint Ayumi Mint Ayumi Editorial Committee 2010 Japanese All of these arrivals were purposely left incomplete due to security reasons, as the words "Meiji Tsuho" and the mark of the Minister of Finance were added by the Imperial Printing Bureau. Woodblock printing was eventually employed to save hundreds of people the work of handwriting the characters "Meiji Tsuho" on each individual note. Ten sen notes in particular were released in April 1872 (year 5), along with 20 sen, 50 sen, and 1 yen notes.https://books.google.com/books?id=NHWxAAAAIAAJ&q=10+sen+note+April+1872 Supplement to Hundred-year Statistics of the Japanese Economy Statistics Bureau (Japan) Statistics Department, Bank of Japan 1966 which were subsequently issued in denominations of 1 yen, 50 sen, 20 sen and 10 sen in April 1872 These notes measure 87 mm x 53 mm in size, and feature an elaborate design that was difficult to forge at the time as counterfeiting was previously rampant with clan notes.https://www.buntetsu.net/mbc/e_11-9.htm 明治通宝10銭券 Buntetsu Japanese December 19, 2020https://note.antique-coin.info/meiji-tsuho/#keni_toc_0 明治通宝10銭と20銭の価値と買取相場 Antique Coin Info 5 April 2018 Japanese December 20, 2020 Eventually enough Western technology was brought over to Japan as the Japanese government produced some one yen Meiji Tsūhō notes domestically. The elaborate design worked against counterfeiters for an unknown period of time before they found a way around it. Unstamped notes sent to Japan from Germany were legally obtained by these thieves. Normally Japanese officials would add stamps to the notes finalizing the process, where in this case the counterfeiters added their own stamps.https://kosen-kantei.jp/varity/meiji-tsuho/ 過去に明治通宝の偽物が出回ったことも... Kosen Kantei 5 February 2020 Japanese December 21, 2020 The Japanese government responded by re-issuing subsidiary currency through a new series in 1882.https://kosen-kantei.jp/varity/remodeled-banknotes/ 【改造紙幣】買取価値はいくら?平均価格&査定相場《全5種類》 Kosen Kantei 14 February 2020 Japanese December 27, 2020 This new currency only included twenty and fifty sen notes which were hurried through the process. Meiji Tsūhō ten sen notes were eventually suspended from circulation either in March or June 1887 (year 20) leaving no medium of exchange.https://books.google.com/books?id=NHWxAAAAIAAJ&q=10+sen+coin+suspended+1890 Supplement to Hundred-year Statistics of the Japanese Economy Statistics Bureau Statistics Department, Bank of Japan 1966 93https://books.google.com/books?id=vZ5apSmC_ToC&dq=10+sen+coin+1890&pg=PA327 Annual Report of the Director of the Mint United States. Bureau of the Mint 1901 327 It wasn't until February 28, 1890 that a law was passed to allow the exchange and withdrawal of the notes. This was fixed at a 3 year period that lapsed on February 27, 1893.
Taishō fractional notes (1917–1921)
Korean yen
thumb|10 sen note obverse (1920)
thumb|10 sen note reverse (1920)
During the reign of Emperor Taishō, the Japanese government initially issued silver coinage as had been done previously under Meiji. World War I started on July 28, 1914 eventually bringing Japan a booming economy due to a large trade surplus.https://www.buntetsu.net/mbc/e_taisho01.htm 大正10銭券 Buntetsu Japanese December 19, 2020 The negative effects from this event included an increased demand for subsidiary coins which led to a coin shortage.http://pepper.cool.coocan.jp/round/kiri_1sen_seidou.htm 桐一銭青銅貨 Kiri 1 Sen (Bronze) Pepper's Square October 18, 2020https://books.google.com/books?id=-pdki9I06HQC&dq=10+sen+coin+shortage&pg=PA234 Annual Report of the Director of the Mint United States Department of the Treasury Bureau of the Mint 1918 234 To remedy the situation an imperial ordinance was promulgated on October 29, 1917 issuing fractional currency in the amount of thirty million yen.https://books.google.com/books?id=nLf1Bb5NhOwC&dq=japan+10+sen+note++Imperial+Ordinance+No.+202+of+1917&pg=PA260 Annual Report of the Director of the Mint United States Department of the Treasury Bureau of the Mint 1919 260 Actual issuance occurred in the following month with the notes being legal tender up to ten yen.https://books.google.com/books?id=Tyl3HAA_VTEC&dq=10+sen+coin+shortage&pg=RA1-PA120 Money (coinage) Standard Daily Trade Service 1918 Standard Statistics Company 120 The series as a whole is known as Taishō fractional notes 大正小額政府紙幣, which were issued at the time by the treasury rather than the Bank of Japan as the series was considered an emergency issue.https://books.google.com/books?id=IAAFa9H5-G8C&dq=Japan+10+sen+note+November+1917&pg=RA22-PA20 Present Paper Currency The Balance of International Payments of the United States in 1922- United States Bureau of Foreign and Domestic Commerce U.S. Government Printing Office 1929 20 Taishō era notes measure 86 mm x 54 mm in size and have a black and orange hue. The obverse side of the notes feature the Finance Minister's seal and chrysanthemum flower emblem, while on the reverse is decorated in a colored pattern. There is a central feature on the reverse side which mentions counterfeit penalties (1 year imprisonment or 200,000 yen fine) enforced by law.https://xn--u9j9fuba4rn20r1cap75hf28g8pm.net/old-shihei/taishoshogakushihei 【参考買取価格】大正小額政府紙幣の価値は? Octopus Maro Japanese December 19, 2020
It was initially agreed that the notes would be bound by a restriction stating that they could only be issued until one year after the end of the war. This date came and went as World War I ended in November 1918 (year 7) and the new year began. It was ultimately decided to allow the issuance to continue for a while longer as there was still a shortage in coinage. Ten sen coins were produced in copper-nickel for the first time in 1920 replacing silver as an alloy. Issuance of Taishō ten sen notes continued until their suspension on April 1, 1921 with exceptions made for people who wanted to exchange "soiled or damaged" notes.Report on Economic and Commercial Conditions in Japan Great Britain. Department of Overseas Trade H.M. Stationery Office 1920 9 The issue of 10 sen and 20 sen notes would be suspended after March 31st, 1921, except for the purpose of meeting the demands for exchange of soiled or damaged noteshttps://books.google.com/books?id=QjlOAAAAYAAJ&dq=20+sen+note+1921&pg=PA65 The Numismatist American Numismatic Association 36 1923 65 Production increased for ten sen coins which peaked in 1922 and 1923 (year 11 and 12) to encourage the public to redeem the old ten sen notes.http://pepper.cool.coocan.jp/round/10sen_hakudou.htm 十銭白銅貨 Pepper's Square Japanese December 19, 2020 This practice lasted into the Shōwa era until at least 1932 (Shōwa year 7) in exchange for new coins. Rapid inflation caused by World War II eventually rendered Taishō ten sen notes worthless and obsolete. The notes held on to their legal tender status until August 31, 1948 when they were abolished.https://books.google.com/books?id=fkQlAQAAIAAJ&q=Japan+10+sen+note+August+31,+1949 Official Gazette. English Edition Kanpō 1948 623–634 1 Japan Their coinage counterparts were eventually demonetized at the end of 1953 when the Japanese government passed a law abolishing subsidiary coinage in favor of the yen.https://web.archive.org/web/20020628033108/http://www.shugiin.go.jp/itdb_housei.nsf/html/houritsu/01619530715060.htm http://www.shugiin.go.jp/itdb_housei.nsf/html/houritsu/01619530715060.htm June 28, 2002 小額通貨の整理及び支払金の端数計算に関する法律 A law of the abolition of currencies in a small denomination and rounding off a fraction, July 15, 1953 Law No.60 www.shugiin.go.jp December 5, 2016 Currencies of less than one yen were rarely used by this time anyway due to excessive post-war inflation.https://www.boj.or.jp/announcements/education/oshiete/money/c24.htm/ 1円未満のお金が使えなくなったのはいつからですか? Bank of Japan Japanese October 27, 2020
Bank of Japan currency
A yen B yen
First issue series (1944)
First issue ten sen notes い10銭券 were printed as a direct result of World War II. Previously currency consisted of ten sen coins which were minted in tin provided from Japanese occupied Southeast Asia.New Revised Money Notebook, History and Collection Guide for Japanese Coins Reiji Aoyama Bonanza 1982 195–196 These coins were discontinued towards the end of 1944 due to allied air superiority and control over the seas, making further tin procurement nearly impossible.http://www.buntetsu.net/mbc/cmc01-3.htm 10銭錫貨 www.buntetsu.net Japanese December 19, 2020http://pepper.cool.coocan.jp/round/10sen_suzu.htm 十銭錫貨 Pepper's Square Japanese December 14, 2020 Ten sen first series notes were released shortly afterwards starting on November 1, 1944 (Shōwa year 19).Financial Chronology of Japan Nihon Ginkō. Chōsakyoku 1961 2 43 Nov. 1 Bank notes in small denominations issued ( 10 sen and 5 sen ) The Bank of Japan was responsible for issuing the notes having been reorganized two years earlier.https://books.google.com/books?id=p2QnPijAEmEC&pg=PA708 Nihon Bijutsu-in Japan Encyclopedia Louis-Frédéric Harvard University Press 2005 708 9780674017535 Ten sen first issue notes feature the "Peace Tower" in Heiwadai Park on the obverse, while the reverse is decorated in a color crest. The notes measure 51mm x 106mm in size and have a black on purple underprint hue.https://www.pmgnotes.com/priceguide/world-note-prices.aspx?deid=1741979&subcat=1944%20ND%20Issue&fromsearch=true Japan - Bank of Japan 1944 ND Issue 10 Sen Paper Money Guaranty December 19, 2020 Ten sen first issue notes were eventually demonetized at the end of 1953 when the Japanese government passed a law abolishing this series of subsidiary currency in favor of the yen. Like their other counterparts, currencies of less than one yen were rarely used by this time due to excessive post-war inflation.
A series (1947)
The last "10 sen" notes were issued on September 5, 1947 as part of the A series A10銭券.https://www.buntetsu.net/mbc/a01.htm A10銭券 www.buntetsu.net Japanese December 20, 2020https://www.npb.go.jp/ja/museum/tenji/kako/pdf/tenji_h11_03.pdf Banknote Information Japanese Mint Museum Japanese December 20, 2020 July 25, 2022 https://web.archive.org/web/20220725200552/https://www.npb.go.jp/ja/museum/tenji/kako/pdf/tenji_h11_03.pdf dead These notes feature doves on the obverse, while the reverse shows the National Diet Building.https://www.pmgnotes.com/priceguide/world-note-prices.aspx?deid=1742062&subcat=1946-1951%20ND%20Issue&fromsearch=true Japan - Bank of Japan: 1946-1951 ND Issue 10 sen Paper Money Guaranty December 20, 2020 The notes measure 100mm x 52mm in size and have a Black on blue underprint/light red-brown hue. In order to curb post-war inflation, the Bank of Japan invalidated all banknotes worth over a yen and issued new notes. Those in the "A series" with the exception of the 100 yen note were all poorly made due to post-war turmoil. Ten sen notes of the "A series" were printed by two different private sector companies which led to "big differences" and counterfeiting. This final series was eventually demonetized at the end of 1953 when the Japanese government passed a law abolishing subsidiary notes in favor of the yen. As with others listed here, currencies of less than one yen were rarely used by this time due to excessive post-war inflation.
Designs
Seriesdate These notes are not dated Obverse Reverse 1944 (昭和19)("First issue series") 250px 250px 1947 (昭和22)("A series") 250px 250px
Collecting
The value of any given banknote is determined by survivability rate and condition as collectors in general prefer original notes with bright rich coloring. In contrast to this are notes with ink stains, missing pieces, and evidence of repairs which can all impact the value of any given note. Ten sen notes issued for commerce in this case are more valuable by age. The oldest notes include the Meiji Tsūhō series issued from 1872 to 1887. Over one-hundred million of these ten sen notes were produced during their fifteen year use in commerce. The abundance of notes issued has made collecting ten sen Meiji Tsūhō the easiest when compared to other denominations.https://kosenkaitori.info/furushihei/meijituhou.php 明治通宝【10銭】の価値と買い取り価格 Kosen Kaitori Japanese December 21, 2020 "Expensive" purchases can be expected for quality as the amount of surviving banknotes remain in mostly worn grades. These notes can be obtained in average condition for 2500+ yen with prices ranging in the 10,000s of yen for examples in high grades. "Many" contemporary counterfeit notes exist on the market which feature replicated stamps so professional grading is recommended. The last series issued for commerce by the Japanese treasury were Taishō fractional notes. Those in the ten sen denomination were issued from 1917 (Taishō year 6) to 1921 (Taishō year 10) and are valued highest with the oldest issue.https://kosenkaitori.info/furushihei/ken_taisyousyougaku/ 大正小額紙幣10銭札の価値と買い取り価格 Kosen Kaitori Japanese December 21, 2020 As with the previous series these were issued in large amounts making those in higher grades more valuable. Average condition notes can be collected for less than 1,000 yen, but prices soar with pristine 1917 (year 6) examples.https://note.antique-coin.info/taisho-sen/ 大正小額紙幣10銭・20銭・50銭札の価値と買取相場 Antique Coin Info Japanese December 21, 2020 The final two series issued by the Bank of Japan are now easy and inexpensive to collect as they were issued in large amounts. Exceptions exist for "specimen" notes and those with errors which are highly valued.https://note.antique-coin.info/10sen/ 買取価格が高い八紘一宇10銭札(日本銀行券10銭紙幣) Antique Coin Info Japanese December 21, 2020https://note.antique-coin.info/hato10sen/ 買取価格が高いハト10銭札(鳩拾銭紙幣) Antique Coin Info Japanese December 21, 2020
See also
Japan Money Numismatics
Banknotes of the Japanese yen
Bank of Japan
Dai-Ichi Ginko Korean notes - similar in appearance to Meiji Tsūhō notes.
Notes
References
Category:Banknotes of Japan
Category:Japanese yen
Category:Ten-base-unit banknotes
Category:Currencies of Japan