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1 Peso
| Issuer | Province of Cagayan |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EMERGENCY TREASURY CERTIFICATE THE COMMONWEALTH OF THE PHILIPPINES PROVINCE OF CAGAYAN THIS IS TO CERTIFY THAT THE ISSUANCE OF THIS EMERGENCY CERTIFICATE FOR THE AMOUNT OF ONE PESO HAS BEEN FULLY AUTHORIZED BY THE PRESIDENT OF THE PHILIPPINES AND THE PROVINCIAL BOARD OF CAGAYAN AND IS REDEEMABLE BY THIS PROVINCE AFTER THE WAR. |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Philippine Islands Internal Revenue 1 Peso stamp affixed to the left margin of the obverse, with serial number, serving as both security device and value authorization |
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| Comments |
Cagayan's wartime emergency issues emerged from the chaos following the Japanese invasion of the Philippines in late 1941. Provincial governments, cut off from Manila and facing a complete collapse of normal currency supply, were authorized under emergency powers to print their own notes to keep local commerce functioning. Cagayan was among the provinces that acted quickly.
The revenue stamp used as a security feature is a pragmatic improvisation — standard fiscal stamps repurposed to authenticate currency because proper security printing materials were simply unavailable. This kind of cross-use of existing government stock is a recurring feature of Philippine guerrilla and provincial emergency issues, and its presence here confirms the note was produced under genuine wartime constraint rather than as a speculative or commemorative issue.