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50 Centavos

Emittent Apayo, Sub-province of
Jahr 1942
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Referenz(en) P#S107
Vorderseitenbeschreibung 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".
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Rückseitenbeschreibung 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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Anmerkungen

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.

DAS KÖNNTE IHNEN AUCH GEFALLEN