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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 | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Plain paper ground with typewritten text body in black ink, headed by the title EMERGENCY TREASURY CERTIFICATE and Commonwealth of the Philippines / Province of Cagayan inscriptions. A Philippine Islands Internal Revenue stamp (1 Peso denomination, serial 4126640) is affixed to the left margin, serving as the security element authorizing the note's value. Three handwritten signatures appear at the base, attributed to the Provincial Treasurer, Auditor, and Provincial Governor respectively. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | 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.