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50 Centavos

Issuer Municipal Government of Macrohon, Leyte
Year 1941-1945
Type Local banknote
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Obverse description The note is printed in black on plain paper with a simple letterpress border of geometric ornamental design. The municipal coat of arms with an eagle at crest is positioned at centre, flanked by the issuing authority text. A violet circular stamp bearing the denomination "50 CENTAVOS" is applied at left, and a manuscript signature of the Municipal Treasurer appears below the central vignette.
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Reverse lettering MACROHON EMERGENCY NOTE CENT 50 AVOS No. COUNTERSIGNED AUDITOR MAYOR
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Comments

Macrohon is a small coastal municipality in southern Leyte, and notes like this one were produced under the emergency currency provisions that allowed Philippine local governments — municipalities, provinces, and guerrilla units alike — to issue their own scrip after the Japanese occupation severed normal banking channels. The Philippine National Bank and Commonwealth currency became effectively unusable in many areas, forcing local officials to fill the void with whatever printing resources were on hand.

Municipal emergency notes from Leyte are among the more poorly documented in Philippine wartime numismatics. Survival rates depend almost entirely on whether the issuing community was overrun, burned, or simply lost its records during the liberation campaigns of late 1944.

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