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1 Peso

Issuer Province of Leyte Emergency Currency Board
Year 1943
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Currency Peso (1941-1945)
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Obverse lettering THE COMMONWEALTH OF THE PHILIPPINES WILL PAY THE BEARER ONE PESO UPON TERMINATION OF EMERGENCY
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Reverse lettering LEYTE PROVINCIAL GUARD BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ONE PESO ENRIQUE POTENTE PROV. AUDITOR PROCESO KADAVERO PROV. TREASURER FILEMON SAAVEDRA PROV. FISCAL LEYTE EMERGENCY CURRENCY BOARD
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The Province of Leyte Emergency Currency Board was one of dozens of local Philippine emergency currency authorities that sprang up after the Japanese occupation disrupted the existing monetary infrastructure. These provincial guerrilla currencies were technically illegal under Japanese military administration, which made their production and circulation an act of organized resistance. Leyte's board operated under considerable secrecy, with printing done on whatever paper was available locally.

Three signatures authenticate this note — Potente, Kadavero, and Saavedra — a redundancy that was deliberate, reflecting deep mistrust of single-authority issuance in an environment where officials could disappear overnight.

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