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20 Centavos

Issuer Emergency Currency Board, Maribojoc Municipal Government
Year 1944
Type Local banknote
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Obverse description Plain black letterpress text on off-white paper within a simple ruled border, with the numeral '20' at each corner. The large value numeral '20' is printed in the centre as an underprint, overlaid by the text body and serial number '3998' repeated twice. Three signature lines appear at the bottom, labelled 'Member', 'Chairman', and 'Member' respectively. The note bears a red ink stamp over the centre, likely applied as a control or cancellation mark.
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Reverse description Plain, unprinted off-white paper reverse with no designed elements. Show-through text from the obverse is faintly visible, along with a red ink mark and traces of a blue notation near the lower left corner, consistent with typical Philippine emergency currency reverses of the period.
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Comments

Maribojoc is a small municipality on the southwestern coast of Bohol Island in the Philippines. Notes like this one emerged from the guerrilla currency program authorized under General Douglas MacArthur's command structure, which permitted local governments and military units throughout the occupied Philippines to issue emergency scrip to sustain civilian economies after Japanese forces disrupted the existing monetary supply.

Municipal issues from Bohol are among the more obscure of the Philippine emergency series — far fewer municipalities there produced documented scrip compared to Cebu, Leyte, or Negros. Survival rates for Bohol municipal fractionals are low; wartime humidity and the general chaos of liberation campaigns in 1944–45 destroyed most of the print runs before they could be preserved.

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