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10 Centavos

Issuer Municipal Government of Macrohon, Leyte
Year 1941-1945
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Currency Peso (1941-1945)
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Obverse description Letterpress-printed emergency note on yellowed paper, framed by a simple decorative border with corner ornaments. The municipal seal of Macrohon, Leyte is centrally positioned, flanked by the issuing authority legend across the upper field. A circular violet handstamp at left reads TEN 10 CENTAVOS, and a cursive manuscript signature of the Municipal Treasurer appears below the seal.
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Protection type Handstamp
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Macrohon is a small coastal municipality on the southern shore of Leyte, and like dozens of other Philippine local governments during the Japanese occupation, it resorted to issuing its own emergency currency when the military-issued peso notes and pre-war Commonwealth coinage either disappeared from circulation or lost public trust. These hyper-local guerrilla and municipal issues were typically printed on whatever paper was available — often thin, acidic stock — and authenticated by an ink handstamp in lieu of any formal security printing.

Survival rates for Leyte municipal issues are low. The island was the site of intense fighting in late 1944, and most circulating paper from this period was destroyed, lost, or simply disintegrated in the tropical humidity.

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