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We know of 4 currency periods in New Guinea, Territory of, being:

New Guinean Pound (pre-war) (1915 - 1942)
     

The pound was the currency of the Australia territory of New Guinea between 1915 and 1966. It replaced the mark when Australia occupied the former German colony at the end of World War I. It was equal to the Australian pound and Australian currency circulated, alongside coins issued specifically for New Guinea between 1929 and 1945. The pound was subdivided into 20 shillings, each of 12 pence.

Between 1942 and 1945, the Oceania pound circulated, issued by the Japanese occupiers. Australian coins and banknotes resumed circulation after the war and continued until 1975, when the kina replaced the Australian dollar at par.

In 1929, nickel halfpennies and pennies, as well as cupro-nickel pennies were introduced. These (as well as all subsequent New Guinean coins) were holed. The inscription on the reverse read Georgius V. D G Rex et Ind. Imp., which translates from Latin as, "George the Fifth, by the Grace of God King and Emperor of India". The inscription on the obverse reads Territory of New Guinea. These coins were followed in 1935 by threepence, sixpence and shillings. The following year, pennies were minted under King Edward VIII, a relatively rare feature as Edward abdicated less than eleven months after succeeding to the throne. Most other dominions and colonies featuring the British monarch on their currency did not have enough time to redesign their coins before the king abdicated. Coins of varying denominations were minted under the reign of George VI, beginning in 1938. In 1945, production of coins ceased until Papua New Guinea started minting their own currency in the 1970s.

Shilling 1935 - 1945
  Shilling 1935
  Shilling 1936
  Shilling 1938
  Shilling 1945

Sixpence 1935 - 1943
  Sixpence 1935
  Sixpence 1943

Threepence 1935 - 1944
  Threepence 1935
  Threepence 1944

Penny 1929 - 1944
  Penny 1929
  Penny 1936
  Penny 1938
  Penny 1944

Half Penny 1929 - 1929
  Half Penny 1929


New Guinean Pound (1945 - 1966)
     

The pound was the currency of the Australia territory of New Guinea between 1915 and 1966. It replaced the mark when Australia occupied the former German colony at the end of World War I. It was equal to the Australian pound and Australian currency circulated, alongside coins issued specifically for New Guinea between 1929 and 1945. The pound was subdivided into 20 shillings, each of 12 pence.

Between 1942 and 1945, the Oceania pound circulated, issued by the Japanese occupiers. Australian coins and banknotes resumed circulation after the war and continued until 1975, when the kina replaced the Australian dollar at par.

In 1929, nickel halfpennies and pennies, as well as cupro-nickel pennies were introduced. These (as well as all subsequent New Guinean coins) were holed. The inscription on the reverse read Georgius V. D G Rex et Ind. Imp., which translates from Latin as, "George the Fifth, by the Grace of God King and Emperor of India". The inscription on the obverse reads Territory of New Guinea. These coins were followed in 1935 by threepence, sixpence and shillings. The following year, pennies were minted under King Edward VIII, a relatively rare feature as Edward abdicated less than eleven months after succeeding to the throne. Most other dominions and colonies featuring the British monarch on their currency did not have enough time to redesign their coins before the king abdicated. Coins of varying denominations were minted under the reign of George VI, beginning in 1938. In 1945, production of coins ceased until Papua New Guinea started minting their own currency in the 1970s.

Shilling 1935 - 1945
  Shilling 1935
  Shilling 1936
  Shilling 1938
  Shilling 1945

Sixpence 1935 - 1943
  Sixpence 1935
  Sixpence 1943

Threepence 1935 - 1944
  Threepence 1935
  Threepence 1944

Penny 1929 - 1944
  Penny 1929
  Penny 1936
  Penny 1938
  Penny 1944

Half Penny 1929 - 1929
  Half Penny 1929


Australian Dollar (1966 - 1975)
     

Between 1942 and 1945, the Oceania pound circulated in New Guinea, issued by the Japanese occupiers. Australian coins and banknotes resumed circulation after the war and continued until 1975, when the kina replaced the Australian dollar at par.


Oceanian Pound (1942 - 1945)
     

The Japanese government-issued Oceanian Pound was one of several issues of Japanese invasion money used during World War II. Consisting of only four denominations, the Oceanian Pound was the shortest set (i.e., total number of denominations) issued.

Common among most issues of Japanese invasion money, the Oceania notes depict the title "The Japanese Government" rather than the name or region they were intended for. This is due to many of these currencies having been printed ahead of time and intended to circulate in more than one country in a given region intended to be absorbed into the Greater East Asia Co-Prosperity Sphere. As a result, many of them are considered temporary issues. The Oceanian series can be identified in two particular ways, one being the image of a palm lined beach depicted on all denominations, and the "serial number" having two identifying letters printed on the obverse. The first letter “O” indicates the note was printed and issued for Oceania and is present on all Oceanian denominations. The second letter is the block (or printing batch) of the note. The two lower denomination notes (half-shilling and one shilling) were printed in three blocks (OA, OB, and OC). The two higher denomination notes (10 shillings and one pound) were only printed in a single block (OA).

In August 1945 the Co-Prosperity Sphere was dissolved and the Oceanian Pound was abolished shortly after, with the old currency exchanged for Australian Pound or the US dollar depending on the territory.