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5 Centavos
| Issuer | Municipality of Loon |
|---|---|
| Year | 1943 |
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| Composition | Paper |
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| Obverse description | Printed in black on yellowish paper, the note carries large bold numeral '5' vignettes in the upper left and right corners, with the denomination 'FIVE CENTAVOS' printed in red across the centre alongside a red serial number repeated twice flanking the denomination line. The main text body sets out the redemption pledge in letterpress, with the year '1943' centred within the text block. Two manuscript signatures appear at the foot of the note above the printed designations 'Chairman' and 'Member', accompanied by a blue ink stamp impression. |
|---|---|
| Obverse lettering | THE MUNICIPALITY OF LOON WIL REDEEM THIS CERTIFICATE OF 1943 FIVE CENTAVOS PAYABLE TO THE BEARER ON DEMAND |
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| Comments |
Municipal emergency scrip from the Japanese occupation of the Philippines. When Japanese military currency was imposed and pre-war Philippine Commonwealth notes were suppressed, many local governments — particularly in the Visayas — issued their own fractional guerrilla or civilian emergency notes to keep small commerce functioning. Loon is a municipality on the island of Bohol, and its 1943 scrip belongs to that improvised local response.
Bohol's municipal issues are among the more obscure of the occupation-period Philippines emissions. Authentication matters here — forgeries and later commemorative reproductions of provincial scrip circulate in the collector market.