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1 Peso
| Issuer | Leyte Emergency Currency Board |
|---|---|
| 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 | Green and yellow emergency issue printed in letterpress. Central large denomination text ONE PESO is flanked by a vignette of a man plowing with a carabao at left, with the issuing authority inscribed as LEYTE EMERGENCY CURRENCY BOARD, TACLOBAN, PHILIPPINES. The note bears the date ISSUED APRIL 1942 at right, the obligation PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES across the center, and three signature lines below for the Provincial Treasurer-Member, Provincial Auditor-Chairman, and Provincial Fiscal-Member, with a central seal overprint in yellow-orange. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain green letterpress back with large underprint text reading ONE PESO and LEYTE EMERGENCY CURRENCY BOARD, TACLOBAN, PHILIPPINES repeated across the field as a security underprint. The series designation and serial number appear in orange at upper center, and the legend ONE PESO is inscribed at top and bottom borders. |
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| Comments |
The Leyte Emergency Currency Board was one of several provincial currency authorities established in the Philippine Commonwealth after the Japanese invasion severed normal banking operations in late 1941 and early 1942. These boards operated under extraordinary wartime conditions, producing notes locally with whatever printing resources remained available — often commercial job presses never intended for currency work.
Leyte's issues are among the better-documented Philippine guerrilla currency series, in part because American forces returned to Leyte in October 1944, meaning some administrative records survived. The S394 peso circulated in a relatively confined geographic area under constant pressure from Japanese occupation authorities, who periodically attempted to suppress guerrilla currency use entirely.