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2 Pesos
| Issuer | Leyte Provincial Board / Leyte Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Green on light ground, with a central text panel reading THE COMMONWEALTH OF THE PHILIPPINES WILL PAY THE BEARER TWO PESOS UPON TERMINATION OF EMERGENCY, framed by a decorative border with large numeral 2 vignettes at left and right. A carabao head vignette appears at the left of the central inscription, with a circular seal of the Series of 1941 at the lower centre and a red circular official stamp at the upper right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Green on light ground, with a central text panel framed by a scrollwork and shell-pattern decorative border; large numeral 2 vignettes occupy the left and right margins. The central area carries the issuing authority inscriptions, a serial number, and three manuscript or printed signatures of provincial officers, with the issuing board name at the foot. |
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| Comments |
Leyte issued its own emergency currency in 1943 under Japanese occupation, when the Philippine Commonwealth government had collapsed and provincial boards were left to improvise local monetary systems. The Emergency Currency Board arrangement — drawing on provincial fiscal officers rather than central banking authority — was a direct consequence of that administrative vacuum.
The three signatories reflect the legal hedging typical of Philippine guerrilla-adjacent notes: spreading authorization across the Auditor, Treasurer, and Fiscal made the currency harder to delegitimize on a single procedural ground. Whether this actually increased public confidence in Leyte is another question.