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50 Centavos

Issuer Municipal Governments of Matalom, Bato, Hilongos, Hindang, and Inopacan
Year 1941-1945
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Shape Rectangular
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Obverse lettering THE MUNICIPAL GOVERNMENTS OF MA-BA-HI-HIN-IN WILL PAY THE BEARER ON DEMAND FIFTY CENTAVOS
Reverse description Reverse printed in black ink with an ornate guilloche frame of scrollwork and wave patterns surrounding a central circular medallion composed of interlocking geometric lathe-work. The serial number appears in two vertical positions on the left and right inner margins within the decorative border.
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Comments

During the Japanese occupation of Leyte, the Philippine municipal governments — unable to access Manila-issued currency and cut off from the Commonwealth treasury — improvised their own emergency scrip. Matalom, Bato, Hilongos, Hindang, and Inopacan each issued notes independently, though the series is typically grouped together because the authorization, format, and circumstances of issue were nearly identical across all five municipalities.

These Leyte municipal issues are among the most fragile surviving occupation-period scrip from the Philippines. Printed on whatever paper was locally available, many examples show accelerated deterioration — foxing, brittleness, and ink bleed are endemic to the type, not signs of unusual wear.

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