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20 Centavos

Issuer Calape Emergency Currency Board
Year 1943
Type Local banknote
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Obverse description Uniface emergency certificate printed in black letterpress on plain paper stock, with the denomination '20' repeated in the upper corners. The central text block carries the full redemption pledge in capital letters, with the serial number printed in red ink appearing twice across the lower central area. Three manuscript signatures appear along the bottom edge, attributed to the Mayor, Chairman, and a Member of the Calape Emergency Currency Board.
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Reverse description Plain, unprinted reverse on aged yellowish paper stock, showing fold lines and light soiling consistent with circulation. No text, vignettes, or overprints are present.
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Comments

Calape is a municipality on Bohol Island in the central Philippines. During the Japanese occupation, dozens of local governments issued their own emergency currency after the invaders introduced military scrip that the civilian population widely distrusted. The Calape board was among the smaller municipal issuers, and its 1943 notes were produced with whatever paper and printing resources were locally available — which means quality varies sharply across surviving examples.

Philippine guerrilla and emergency currency from this period was declared illegal by Japanese authorities, making possession dangerous. That suppression, combined with the destruction of stocks before capture, accounts for the relative scarcity of notes from minor Visayan issuers like Calape.

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