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50 Centavos
| Issuer | Apayo, Sub-province of |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 50 Centavos (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | A red-printed eagle vignette with wings fully outstretched occupies the centre of the note. The denomination "50¢" appears in each corner, with the issuer name "APAYAO" across the top and the value inscription "FIFTY – CVOS" along the bottom. Signature lines for the Deputy Governor, Treasurer, and Auditor are printed in the lower half, accompanied by the wartime redemption clause "Payable After the War". |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse mirrors the obverse layout, printed in red on plain paper, with the same eagle vignette at centre and denomination numerals "50¢" at each corner. The issuer name "APAYAO" is visible at the top and "FIFTY – CVOS" at the bottom, with no additional text or ornamentation; the obverse lettering shows through the thin paper stock. |
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| Comments |
Apayao was among the smallest and most remote administrative units in the Cordillera to issue its own emergency currency during the Japanese occupation of the Philippines. These guerrilla-era provincial notes were authorized under Commonwealth emergency powers after Manila fell in early 1942, allowing local governments to maintain basic commerce when central banking had collapsed entirely. Apayao's isolation — a landlocked sub-province accessible mainly by river — likely meant these circulated within an extremely limited geographic area and for a very short window before Japanese military scrip was imposed by force.
Three signatories on a 50-centavo note is unusual for a unit this small.