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5 Centavos
| Issuer | Municipal Government of Maasin |
|---|---|
| Year | 1943 |
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| Composition | Paper |
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| Obverse description | The note is framed by a simple typographically printed border with denomination numeral 5 in each corner within circular cartouches. The centre carries a small municipal seal vignette flanked by the text THE MUNICIPAL GOVERNMENT OF MAASIN above FIVE CENTAVOS and EMERGENCY CIRCULATING NOTE, with SERIES and the date 1943 below. A manuscript signature appears at lower centre above the title MPL TREASURER, with CENTAVOS in a solid band along the bottom edge. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain typeset reverse enclosed within a border of repeating triangular ornaments. The text MAASIN EMERGENCY NOTE arcs across the top, with SERIES at left, the denomination CENT 5 AVOS centred with the numeral 5 as a stamp overprint, and 1943 at right. Below appears APPROVED and T. S. OLIVA AUDITOR, with a manuscript signature at lower left above the title MAYOR and a serial number at lower right. |
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| Comments |
Maasin, the capital of Southern Leyte, was among dozens of Philippine municipalities that issued their own emergency guerrilla or civilian currency during the Japanese occupation. These local scrip issues filled the void left by the disruption of central banking and the rejection — often active, sometimes dangerous — of Japanese Military Administration notes by rural communities. Municipal issues from Leyte are among the harder Philippine wartime scrip to document with precision, as many were produced in tiny print runs with whatever paper and printing capacity was locally available.
Survival rates are low. Most were redeemed, destroyed, or simply fell apart given the poor materials used under wartime conditions.