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20 Centavos
| Issuer | Jagna Change Board |
|---|---|
| Year | 1943 |
| Type | Local banknote |
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| Obverse description | Printed in black on pink paper stock, the note carries the large numeral '20' at upper left and right corners, with the denomination '20 CENTAVOS' in bold letterpress at centre. The issuer legend 'JAGNA CHANGE BOARD / will pay the bearer' appears above, followed by a handwritten serial number in violet ink at lower left and the date notation 's. 1943'. Three handwritten signatures appear at the base, above a printed line identifying the signatories by board title. |
|---|---|
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| Reverse description | The reverse is formed from repurposed ruled ledger paper, displaying horizontal red lines across the full surface. A single large handwritten signature in black ink is placed at centre, partially encircled. The plain, utilitarian nature of the reverse reflects the emergency wartime production conditions under which this guerrilla currency was issued. |
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| Comments |
The Jagna Change Board was one of dozens of municipal and provincial emergency currency issuers that sprang up across the Philippines during the Japanese occupation. When Japanese Military Administration notes flooded the islands and small-denomination coinage disappeared from circulation, local governments — sometimes down to the municipality level — printed their own fractional emergency scrip to keep markets functioning. Jagna is a municipality on the southern coast of Bohol island.
These hyper-local issues were produced in tiny quantities with whatever printing resources were available. Most were redeemed or simply discarded after liberation, making any survivor genuinely uncommon.