Hawaii Has Its Own Money?!

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A Hawaii overprint note is one of a series of banknotes (one silver certificate and three Federal Reserve Notes) issued during World War II as an emergency issue after the attack on Pearl Harbor. The intent of the overprints was to easily distinguish United States dollars captured by the Imperial Japanese Armed Forces in the event of an invasion of Hawaii and render the notes worthless. Although a sizeable number of the notes were recalled and destroyed after the end of World War II, many escaped destruction and exist as collectibles of numismatic interest in the present day.

Hawaii overprint note

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From Wikipedia, the free encyclopedia
Hawaii Overprint Note, Hawaii Notes, Emergency Circulating Note
(United States)
Value $1, $5, $10, $20
Years of printing 1942 – 1944
Nature of rarity Emergency Issue
Estimated value US$2 – $1,300
Obverse

A Hawaii overprint note is one of a series of banknotes (one silver certificate and three Federal Reserve Notes) issued during World War II as an emergency issue after the attack on Pearl Harbor. The intent of the overprints was to easily distinguish United States dollars captured by the Imperial Japanese Armed Forces in the event of an invasion of Hawaii and render the notes worthless. Although a sizeable number of the notes were recalled and destroyed after the end of World War II, many escaped destruction and exist as collectibles of numismatic interest in the present day.

Issue
After the attack on Pearl Harbor on December 7, 1941 by the Empire of Japan, U.S. military officials surmised that in the event of an invasion of Hawaii, the Imperial Japanese Armed Forces would have access to a considerable amount of United States dollars which could be seized from financial institutions or private individuals. Faced with this scenario, on January 10, 1942, Military Governor Delos Carleton Emmons issued an order to recall all dollars in circulation in Hawaii, save for set caps on how much money both individuals ($200) and businesses ($500; save extra currency for payroll purposes) could possess at any time.

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