MYKOYNS
Philippine Numismatics

Why were coins holed, and do they still have value? A closer look at how collectors interpret damage, history, and meaning.

During WWII, Japan issued its own currency in the Philippines—called Japanese Invasion Money. Nicknamed “Mickey Mouse Money,” these notes quickly lost value due to overprinting, lack of trust, and Allied counterfeiting. But behind these worthless bills lies a fascinating story of economic manipulation and wartime survival.