Joel Anderson, Interesting World Coins


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JAPANESE WAR BONDS
BONDS ISSUED TO FINANCE WORLD WAR TWO

The Japanese government financed a substantial portion of their war effort through the sale of bonds.  These war bond issues started at the time of  the invasion of China in 1937, and continued through World War Two.  Workers were strongly  encouraged invest a substantial portion of their pay into bonds.   Bonds were issued in low denominations to make them easily affordable. Commemorative bonds and overprints were issued to encourage further purchases.  All the bonds offered here were issued at a discount without coupons.  These bonds are all genuine.  They grade from VF to AU.  For further information on Japanese War Bonds I recommend the book World War II Remembered,  History in you hands - A Numismatic Study by Schwan and Boling.
Bonds are displayed at a reduced size.

HYPOTHEC BANK WAR BONDS

The Hypothec Bank was a government bank that was a prolific issuer of war bonds.  The Hypothec Bank bonds included a lottery aspect in which bonds would be randomly drawn for payment and a premium.  Depending on when a bond was drawn the effective interest rate might range from 2% to 200%.  A table showing the effective interest rates depending on when the bond is drawn is on the back of each bond.   
Japan Hypothec Bank 20 Yen Discounted Industrial Bond, Showa 12
Discounted Industrial Bond: The bonds were issued at one half of their face value. Proceeds from the bonds helped fund the war effort in China.  It includes an embossed 3 Sen tax stamp. This 20 Yen bond is dated Showa 12 (1937) 25.3 x 16.8 cm.
Item BND-JPH-20Y-37 JAPAN 20 YEN DISCOUNTED INDUSTRIAL BOND, 1937 $10.00



Also see:
Click HereJAPANESE COINS & CURRENCY
Click HereWWII JAPANESE INVASION MONEY
Click HereWWII ERA JAPANESE MILITARY CURRENCY

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All items are guaranteed to be genuine, unless clearly indicated otherwise.
NOTE:  All pictures are of a typical item taken from stock.  Because we have multiples of most items, the item you receive may not look exactly the same, however it will be as described.

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Joel Anderson
PO Box 365
Grover Beach, CA 93483-0365
USA
Phone 1 805 489 8045  Fax 1 805 299 1818
email: orders@joelscoins.com

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