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50 Centavos

Issuer Jagna Change Board
Year 1943
Type Local banknote
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Obverse description Printed in black on plain paper, the note carries the large denomination numeral '50' in each of the four corners, with the value '50 CENTAVOS' in large bold letterpress type at centre. The central text block states the obligation of the Jagna Change Board to pay the bearer, with the series date '1943' to the right. Below centre, three manuscript signatures appear over the printed designations 'Member', 'Chairman', and 'Member', with a serial number handstamped in violet ink at left.
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Reverse description Plain paper reverse with a lightly ruled grid pattern. A large bold manuscript signature in black ink is applied across the centre, accompanied by a violet handstamp impression partially overlapping the signature, serving as a validation or counter-signature mark.
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Comments

The Jagna Change Board was one of dozens of municipal and provincial emergency currency authorities that sprang up across the Philippine archipelago following the Japanese occupation of 1942. With the pre-war Commonwealth peso notes hoarded or withdrawn, local governments improvised their own fractional scrip to keep small transactions moving. Jagna, a municipality in Bohol, issued this 50 Centavos note in 1943 under precisely those conditions.

Bohol's guerrilla resistance was among the more organized in the Visayas, and Japanese authorities never fully controlled the island's interior. Emergency notes from Bohol municipalities consequently circulated in a genuinely contested zone, not simply under occupation.

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