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5 Centavos
| Issuer | Leyte Emergency Currency Board, Tacloban |
|---|---|
| Year | 1942 |
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| Currency | Philippine Peso (1903-date) |
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| Obverse description | Issued on plain light-coloured paper, the note carries a dense guilloche underprint of diagonal repeated text reading 'Leyte Emergency Currency Board' in yellow-green. Central letterpress text in black reads 'TREASURY EMERGENCY CERTIFICATE' above the bold denomination 'FIVE CENTAVOS', with 'SERIES OF 1942' in red below; the numeral '5' occupies each corner. The inscription 'PAYABLE TO BEARER ON DEMAND' is set along the foot of the note, all contained within a dotted rectangular border. |
|---|---|
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| Reverse description | The reverse is enclosed within a zigzag-pattern border and opens with the bold letterpress denomination 'FIVE CENTAVOS' at the head of the note. Below, two lines identify the issuing authority as 'LEYTE EMERGENCY CURRENCY BOARD' and the place of issue as 'TACLOBAN, PHILIPPINES', flanking a central red official seal vignette. Three signature blocks are arranged across the lower portion of the note, representing the Chairman and Provincial Auditor at centre, the Provincial Treasurer and Member at lower left, and the Provincial Fiscal and Member at lower right. |
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| Comments |
The Leyte Emergency Currency Board was one of several provincial boards authorized under the Philippine Commonwealth government's emergency currency program following the Japanese invasion in late 1941. As banking infrastructure collapsed and Japanese-issued military pesos flooded the archipelago, local boards printed their own notes to keep civilian commerce functional in guerrilla-held or transitional zones. Leyte's issues are among the better-documented provincial emergencies, with Tacloban serving as the administrative hub before Japanese forces took the city in May 1942.
Quintin Paredes, Jr. — son of the prominent Philippine statesman Quintin Paredes Sr. — appears here in a junior administrative capacity, one of the few signatures on Philippine emergency currency with a verifiable family political connection.