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20 Centavos

Issuer Leyte Provincial Board
Year 1943
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Shape Rectangular
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Obverse lettering TWENTY CENTAVOS ISSUED BY THE LEYTE PROVINCIAL BOARD BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES 20 CENTAVOS ENRIQUE POTENTE PROV. AUDITOR PROCESO KADAVERO PROV. TREASURER FILEMON SAAVEDRA PROV. FISCAL LEYTE EMERGENCY CURRENCY BOARD
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Reverse lettering THE COMMONWEALTH GOVERNMENT OF THE PHILIPPINES WILL PAY THE BEARER 20 CENTAVOS UPON TERMINATION OF EMERGENCY SERIES A OF 1943
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Comments

The Leyte Provincial Board was one of dozens of local Philippine governments forced to issue emergency guerrilla currency after Japanese occupation disrupted the official monetary supply following 1942. These provincial notes circulated in liberated or contested areas under American-backed resistance administrations, explicitly outside Japanese control — possession alone carried real risk.

Three signatories on a 20-centavo note is unusual and reflects the committee-style authority structures improvised by provincial boards operating under wartime conditions. Proceso Kadavero served as provincial treasurer, a position that gave emergency currency its nominal legitimacy.

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