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10 Centavos
| Issuer | Clarin Emergency Board |
|---|---|
| Year | 1943 |
| Type | Local banknote |
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| Obverse description | Plain paper note produced by typeface letterpress, with all text arranged in centered horizontal lines on an unadorned background. The upper portion carries the issuing authority and promise-to-pay legend, followed by the series date, serial numbers, and denomination in centavos. The lower margin bears the signatures of the Chairman and two Members, with the numeral 10 repeated at each corner. |
|---|---|
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| Reverse lettering | 10 |
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| Comments |
Emergency currency boards proliferated across the Philippines during the Japanese occupation, as the Japanese Military Administration's peso notes failed to command confidence and small change effectively vanished from circulation. Local municipalities, cooperatives, and private enterprises were permitted — or simply took it upon themselves — to issue fractional emergency notes to keep retail commerce moving. The Clarin Emergency Board was one of dozens of such local issuers operating in the Visayas region.
Guerrilla currency and municipal scrip from this period vary wildly in survival rates. Notes from smaller Visayan communities were often printed on whatever paper was available and rarely survived the war intact.