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20 Centavos
| Issuer | Salcedo, Municipality of |
|---|---|
| Year | 1943 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Letterpress-printed emergency note in black on plain paper, with the denomination '20 ¢' set in large type at centre. Serial numbers printed in blue. Text arranged in typewritten style across the face. |
|---|---|
| Obverse lettering | TWENTY CENTAVOS SALCEDO, SAMAR, PHILIPPINES WAR CIRCULATING NOTES HEADQUARTERS VOLUNTEER SERVICE CORPS IN THE FIELD WILL PAY THE BEARER ON DEMAND TWENTY CENTAVOS 20 ¢ SALCEDO SAMAR |
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| Comments |
Philippine municipal emergency notes issued during the Japanese occupation in 1943 are among the more historically charged local currency issues of the Pacific War. With the Philippine Commonwealth peso system disrupted and Japanese Military pesos widely distrusted, dozens of municipalities issued their own guerrilla or emergency scrip to keep local commerce functional.
Salcedo — a municipality in Eastern Samar — was among the smaller issuers, which makes provincial survival rates for these notes particularly low. Paper, humidity, and the chaos of liberation combined against them.