200 yen note

The 200 yen note (二百円紙幣) was a denomination of Japanese yen issued from 1927 to 1946. These issues were broken up into three different designs including one which has two different varieties. For reasons unknown, 200 yen banknotes were not issued when they were first authorized. They were ultimately issued as a hopeful remedy during a financial emergency that took place in 1927. While both the first and second series were printed for the emergency, the latter of these were placed in storage until the end of World War II. After the war, the second series was released with a third. However, by this time things were changing in Japan's monetary system. Currency could no longer be converted into gold coins making the messages on the long unreleased second series notes obsolete. The series ended in 1946, when 200 yen notes were demonetized due to changes in Japan's monetary system. These notes are now regarded as collectables which trade on the marketplace for amounts dependent on condition and rarity.