The Answer:
We found an answer to your question at the Web site of the
Federal
Reserve Bank of San Francisco.
Not only were $1 bills stamped, but $5, $10, and $20 San
Francisco Reserve notes also featured the brown seal and serial
numbers that the Bureau calls the "Hawaii overprint." This was done in
July 1942 to keep Hawaii's paper money isolated from the rest of the
U.S. in case Japan invaded Hawaii. This way the
Japanese could not use the money to their advantage. It wasn't until
Oct. 21, 1944 that normal monetary conditions were returned to the
region.
Here's what the U.S. Dept. of the Treasury's Bureau of Engraving
and Printing says about how much the bills are worth:
"The Department of the Treasury redeems all genuine United
States currency at face value only, and does not render opinions
concerning the numismatic value of old or rare currencies. If you
wish to have your notes appraised, it is suggested that you contact
a number of private collectors or dealers who are usually listed in
the classified section of the telephone directory under the headings
of 'Coins' and 'Hobbies.'"
This is what we suggest as well. But we do have some good news.
All of the online sources we checked said that, depending on their
condition, these bills are indeed worth more than their face
value.
—The Editors
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