Hong Kong 1941 $1 Overprint
When the Japanese Army attacked Hong Kong on 8 December 1941 and overwhelmed the defenders on the mainland, the remaining British forces retreated to Hong Kong Island. While under siege on Hong Kong Island there emerged a shortage of coins and $1 banknotes. The shortage of the $1 banknotes arose when the Japanese distributed leaflets warning that all notes over $10 would be worthless after the Japanese took over the colony. To relieve the situation, a stock of The Bank of China 5 Yuan notes were discovered on the premises of The Commercial Press Limited located on King…
