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20 Centavos
| Issuer | Municipality of Loon |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | 20 Centavos (0.20) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Letterpress-printed emergency currency note in black ink on plain paper, with the issuer's name 'THE MUNICIPALITY LOON' set across the upper portion flanked by large numeral '20' denominational figures in each upper corner. The central text block carries the redemption legend and denomination 'TWENTY CENTAVOS' in bold lettering, with the serial number printed in red ink on either side. The lower portion bears two handwritten manuscript signatures above printed role titles, and the entire design is framed by a simple decorative typographic border. |
|---|---|
| Obverse lettering | THE MUNICIPALITY LOON WILL REDEEM THIS CERTIFICATE OF 1943 TWENTY CENTAVOS PAYABLE TO THE BEARER ON DEMAND |
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| Comments |
Municipal emergency currency issued during the Japanese occupation of the Philippines is among the most locally varied paper money ever produced. Loon, a municipality on the island of Bohol, was one of dozens of local governments that printed their own guerrilla or emergency notes when Japanese Military Administration currency and pre-war Philippine Commonwealth pesos became scarce or refused by the population.
Bohol's municipal issues from 1943 are notoriously difficult to authenticate — crude printing, irregular paper stocks, and the absence of central oversight meant production varied even within a single series. Many were repudiated or simply stopped circulating once the liberation period began.