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50 Centavos

Issuer Municipality of Loon
Year 1943
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Currency Peso (1941-1945)
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Obverse description Letterpress-printed emergency certificate on plain paper with a simple decorative border. The denomination "50 CENTAVOS" appears in circular vignettes at the upper left and right corners, with the redemption text centered across the face in black ink. The serial number is printed in red, flanking the central denomination line "FIFTY CENTAVOS", with three handwritten signatures at the bottom accompanied by the printed designations Member, Chairman, and Member.
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Reverse description Plain unprinted paper reverse bearing multiple handwritten signatures in blue ink, applied informally across the center of the note with no additional text, vignette, or ornamentation.
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Comments

Municipal emergency notes from the Japanese occupation period in the Philippines are among the most locally varied issues in 20th-century Asian notaphily. Loon, a municipality on the western coast of Bohol, was one of dozens of local governments that printed fractional guerrilla or emergency currency in 1943 as Japanese military scrip disrupted ordinary commerce and Philippine Commonwealth currency became scarce or distrusted.

Municipal issues from Bohol vary enormously in printing quality and surviving quantities, often running to only a few hundred pieces before the issuing authority collapsed or was overrun. Provenance documentation for Loon issues is thin.

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