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1 Peso
| Issuer | Leyte Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ONE PESO ISSUED BY THE LEYTE PROVINCIAL BOARD BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ONE PESO LEYTE EMERGENCY CURRENCY BOARD |
| Reverse description | The reverse is printed in brown on plain paper with a simple border frame. At the upper portion, a bold letterpress legend states the obligation of the Commonwealth Government of the Philippines to pay the bearer one peso upon termination of the emergency. A small vignette of a deer head appears at the left, with the denomination ONE 1 PESO centred in large type. A faint circular stamp impression is visible near the centre. |
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| Comments |
The Leyte Emergency Currency Board was one of dozens of guerrilla currency authorities that sprang up across the Philippine islands after the Japanese occupation cut off the Commonwealth government's financial infrastructure in 1942. These local boards operated under varying degrees of military and civilian coordination, issuing notes to keep wages paid, supplies moving, and loyalty to the resistance credible. Leyte's issues are among the better-documented provincial guerrilla currencies, with surviving authorizations traceable through postwar U.S. Army records.
Notes from this board were later subject to the U.S.-backed redemption program, though approval was inconsistent and many claimants were denied.