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20 Centavos

Issuer Municipal Government of Ubay, Bohol
Year 1943
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Currency Peso (1941-1945)
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Obverse description Letterpress-printed emergency issue on plain paper, with the full text of the promise to pay arranged in horizontal lines across the face. A circular hand stamp appears at centre, and red ink serial letters are visible at left. Signature lines for Member, Chairman, and Series date 1943 appear along the lower portion, with handwritten signatures in ink.
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Reverse description Plain paper reverse with a large bold letterpress numeral '20' and cent sign at centre, serving as the sole design element. Faint blue ink handwritten notations appear in the lower left area. The surface shows border rule lines framing the field.
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Comments

Ubay is a coastal municipality on Bohol's northern shore, and like dozens of Philippine local governments during the Japanese occupation, it issued its own emergency currency when the Philippine peso supply collapsed and Japanese Military Administration notes were mistrusted or simply unavailable in sufficient quantities. These municipal guerrilla-era notes were produced with whatever materials were at hand — often rough local paper, hand-stamped denominations, and signatures from the sitting municipal treasurer or mayor.

Survival rates are poor. Most were redeemed, destroyed, or simply fell apart.

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