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5 Centavos

Issuer Municipality of Oras, Samar
Year 1943
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Composition Paper
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Reverse description Plain cream paper with a simple ruled grid border. A diagonal ink cancellation stamp applied at centre bears a partially legible inscription reading "COMMONWEALTH OF THE PHILIPPINES"; the reverse is otherwise unprinted.
Reverse lettering COMMONWEALTH OF THE PHILIPPINES
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Comments

Municipal emergency currency issued under Japanese occupation, when the invading administration's military scrip — the so-called "Mickey Mouse money" — was distrusted and often refused at the local level. Towns and municipalities across the Visayas and Mindanao improvised their own fractional notes to keep commerce moving, particularly for small transactions that military peso notes couldn't efficiently handle.

Oras, on the northeastern coast of Samar, was guerrilla country by 1943. Whether notes like this saw genuine daily circulation or functioned more as scrip within a constrained local economy under partial resistance control is genuinely difficult to determine. Philippine municipal emergency issues from this period vary enormously in their survival rates and documentation.

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