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1 Peso

Issuer Bohol Emergency Currency Board
Year 1942
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Currency Peso (1941-1945)
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Obverse lettering TREASURY EMERGENCY CURRENCY CERTIFICATE BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES THIS CERTIFIES THAT THE GOVERNMENT OF THE PHILIPPINES WILL REDEEM THIS CERTIFICATE OF 1942 AT FACE VALUE UPON TERMINATION OF EMERGENCY ONE PESO PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES BOHOL EMERGENCY CURRENCY BOARD ACTG. PROV. TREAS MEMBER PROV. AUDITOR CHAIRMAN PROV. FISCAL MEMBER
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Reverse lettering ONE PESO ISSUED BY THE BOHOL EMERGENCY CURRENCY BOARD TAGBILARAN, BOHOL ONE PESO PHILIPPINES ONE PESO
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Comments

The Bohol Emergency Currency Board was one of dozens of provincial and municipal currency authorities that sprang up across the Philippine islands following the Japanese invasion of December 1941. With the Commonwealth peso in short supply and Japanese military scrip being forced into circulation, local governments on islands like Bohol were effectively left to fend for themselves financially. These emergency boards operated under improvised conditions — often using whatever paper stock and printing equipment was locally available.

Bohol's issues are among the more obscure of the Philippine guerrilla and emergency currency series. Most surviving examples show heavy handling; the paper used was rarely archival quality to begin with.

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