50 Centavos

表面の説明	Central vignette of a tropical scene with a palm tree, native hut, and pine tree within a decorative border of geometric guilloche-style patterns. A stamped serial number appears above the central text area, which carries the 'Payable After the War' obligation legend along with manuscript signatures and countersignatures. Denomination numerals '50' appear in the lower left and right corners.
表面の銘文	CAGAYAN PAYABLE AFTER THE WAR FIFTY CVOS 50 ¢
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偽造防止技術	ログインして詳細を見る
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コメント	Cagayan's wartime emergency issues were produced under Japanese occupation conditions, when provincial and local governments across the Philippines scrambled to print their own scrip after the invaders withdrew or sequestered existing Philippine Commonwealth currency. The Province of Cagayan series — of which this 50 Centavos is part — circulated in the Cagayan Valley in northern Luzon, one of the last regions where organized Filipino and American resistance held out into late 1942. The small physical format was a direct consequence of paper shortages, not a design choice.

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