EN: „It's Only a Paper Moon“ is a popular song published in 1933 with music by Harold Arlen and lyrics by Yip Harburg and Billy Rose. It was originally titled „If You Believed in Me,“ but later went by the more popular title „It's Only a Paper Moon.“

The song was written for an unsuccessful 1932 Broadway play called The Great Magoo that was set in Coney Island. Claire Carleton first performed this song on December 2, 1932. It was used in the movie Take a Chance in 1933 when it was sung by June Knight and Charles „Buddy“ Rogers.

Paul Whiteman recorded a hit version later that year, featuring Bunny Berigan on trumpet and Peggy Healy on vocals. Another popular 1933 recording was done by Cliff Edwards. The song's lasting fame stems from its revival by popular artists during the last years of World War II, with hit recordings being made by Nat King Cole, Ella Fitzgerald, and Benny Goodman (vocal by Dottie Reid). It is now regarded as a jazz and pop standard, and has been recorded by numerous artists over the years.