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| Issuer | Municipality of Loon |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 50 Centavos (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | FIFTY CENTAVOS THE MUNICIPALITY OF LOON WILL REDEEM THIS CERTIFICATE OF 1944 FIFTY CENTAVOS PAYABLE TO THE BEARER ON DEMAND |
| Reverse description | Plain ruled paper with red grid lines, bearing multiple cursive manuscript signatures applied in blue ink across the centre of the note; no additional printed text or design elements are present. |
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| Comments |
Municipal emergency notes issued in the Philippines during the Japanese occupation are among the most historically specific paper money produced in the archipelago. Loon, a municipality on Bohol island, issued this 50 centavos note as part of the broader guerrilla currency phenomenon — local governments and resistance units printed their own scrip after the Japanese military peso was imposed and Philippine Commonwealth currency went underground.
Bohol's local emergency issues are notably scarce, as many were destroyed by their holders after liberation to avoid being found in possession of what occupying forces considered contraband currency. Survival rates are low even by Philippine guerrilla scrip standards.