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20 Centavos

Issuer Municipality of Oras, Samar
Year 1943
Type Local banknote
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Obverse description Typeset emergency issue printed in black on plain paper, with a simple ruled rectangular border enclosing the entire design. The denomination '20 CENTAVOS' is set in large bold letterpress type at centre, flanked on each side by numeral '20' in decorative corner panels with the words 'TWENTY CENTAVOS' running vertically along the left and right margins. Below the denomination appears a redemption pledge text, with three manuscript signatures at the foot attributed to the Municipal Mayor, Battalion Commander, and Municipal Treasurer.
Obverse lettering COMMONWEALTH OF THE PHILIPPINES MUNICIPALITY OF ORAS SAMAR BY AUTHORITY OF THE MUNICIPAL COUNCIL AS PER RESOLUTION NO. 10, S. 1943 20 CENTAVOS 20 THIS CERTIFIES THAT THE MUNICIPAL GOVERNMENT OF ORAS, SAMAR, WILL REDEEM THIS CERTIFICATE OF DEPOSIT AT FACE VALUE FROM THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES
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Comments

Municipal emergency currency of this kind proliferated across the Philippine provinces after the Japanese occupation disrupted the existing monetary supply. Local governments were left to improvise, and Oras — a small coastal municipality on the eastern shore of Samar — was among dozens that issued their own scrip to keep commerce functioning. These notes had no backing institution behind them beyond the authority and solvency of the issuing municipality itself.

Samar saw some of the war's most brutal guerrilla activity, and municipal records from this period were largely destroyed. Surviving examples of Oras scrip are accordingly rare.

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