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20 Centavos

Issuer Tubigon Change Board, Municipality of Tubigon
Year 1943
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Shape Rectangular
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Obverse lettering 20 CENTAVOS XX TUBIGON CHANGE BOARD WILL PAY THE BEARER ON DEMAND TWENTY CENTAVOS SERIES OF 1943 CIRCULATION AND REDEMPTION CALAPE - TUBIGON - CLARIN MUNICIPAL TREASURY XX CENTAVOS 20
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Reverse lettering 20
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Comments

Philippine municipal emergency currency proliferated under Japanese occupation after the invading forces withdrew prewar Philippine Commonwealth notes from circulation. Tubigon is a coastal municipality on the island of Bohol, and like dozens of other local governments across the Visayas, it issued its own scrip to keep commerce functioning in the absence of any credible centralized currency.

These guerrilla-era municipal notes were produced with whatever printing resources were locally available — often resulting in crude typography and inconsistent paper stock. The Tubigon issues are among the less-documented of the Bohol municipal series, and surviving examples in any condition are infrequently offered.

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