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"In
January 1942, one month after Pearl Harbor was bombed by
the Japanese, the government fearing enemy invasion announced that "New Money" was on its way. Planned to start on July 1942 (it was extended to August 15, 1942) special notes imprinted with "Hawaii" would be the only legal tender and would have no value outside Hawaii. The new money was to consist of $1, $5, $10 and $20 denominations. Brown seals and serial numbers would replace the green and blue ones and the word "Hawaii" would appear twice on the front and once really big across the back. The old money would no longer be legal tender in Hawaii. Due to citizen resistance, it took 27 months to complete the transition and to have the new money in circulation. The government then appointed a special committee to dispose of some 200 million dollars of old money. First, it was sent to the Nuuanu Cemetery on Oahu to be burned in the crematory, but they could not handle the enormous quantity of notes. After much discussion, it was then hauled to the Aiea Sugar Mill on Oahu and it was there that it was incinerated." |
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If you are looking to
purchase Hawaiian banknotes, then please visit our Store. This is a Currency Gallery page and some, most or even all of the banknotes displayed above on this page may not be available to purchase or to photograph. |
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Some of the following
links will lead you away from Banknotes.com. Please bookmark this page or remember the website name "BANKNOTES.COM": Country Info | Numismatic Books | History of Hawaii | Hawaiian Bills for Sale |
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