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5 Centavos
| Issuer | Municipal Government of Maasin |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1941-1945) |
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| Obverse description | Log in to see details |
|---|---|
| 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. |
| Reverse lettering | MAASIN EMERGENCY NOTE SERIES CENT 5 AVOS 1943 APPROVED T. S. OLIVA AUDITOR MAYOR |
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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.