angelas philippine guerilla paper money

Friday, May 15, 2015

CALAPE (Bohol) 1943

On the west central coast of Bohol, this municipality made two distinct issues of notes though all are dated 1943. The distinguishing feature between them is the appearance of the large center numerals on the face side. All denominations of both issues are among the more available Bohol municipal notes. ----- (but at this time quite scarce to come by)

Issuing body was the Calape Emergency Currency Board.

First Issue

Notes of the first issue are fairly clearly printed except for some of the 1 Centavo pieces. Serial numbers vary in size according to the typewriter used.

General Characteristics

Face: Mimeo print, hand colored center numeral, two red typed serial numbers. Three printed signatures as follows: Mun. Treas., Chairman; Mayor. Member; Justice of Peace. Member,

Back: Three hand signatures, otherwise blank.

Size: 95 / 50 mm.

Paper: White ballot.

(BOH 351 to 354)

Second Issue

The large numeral on the face side is simply printed from the stencil with no color filling it in, otherwise there is no change from the first issue. Printing, however,is usually entirely not clear, and borders especially weak.

(BOH 372 to 374)

Tuesday, May 12, 2015

MUNICIPAL ISSUES

Municipal notes were issued for the purpose of providing small change as needed by local commerce. The one big difference between these local issues and the provincial notes is that (with a few specified exceptions) the locals were not redeemable after the war.

Municipal issues existed out of sheer necessity; most provincial notes were in the higher denominations, and as paper was so hard to get, it was not considered feasible to supply large amounts of small denomination notes. It was simply left up to the municipal governments and smaller military contingents to meet their own needs for small change as best as they could, The procedure usually followed was to deposit the needed amount of redeemable provincial notes as security for the local notes to be issued. Thus, while the local notes were not redeemable as such by the Philippine government, they were always exchangeable on demand for larger denomination provincial notes which, of course, were redeemable.

Local issues are basically much scarcer as a group than many provincial issues, as they were made for use only in a small area or areas and generally in quite limited numbers. In appearance they varied greatly. Some were well printed while others were crude to the extreme of illegibility. Often the notes carried signatures (written or printed) of local and/or military officials; some communities went so far as to organize local currency boards similar in many respects to the provincial issuing bodies. A great many important varieties exist...

..... a number of issues seem to be backed by U.S. Army Forces. Most of such notes were in fact only local issues, probably made under the combined authority of local and military officials...

*From:      Philippine Emergency and Guerilla
                  Currency of World War II
       By:       Neil Shafer

Sunday, May 10, 2015

More BOHOL Guerilla Paper Money S144

1942 SERIES - ILLEGAL ISSUE
Captured by the Japanese

S 144
10 PESOS
1942. Like #S137. Serial #185,463 to 192,554 and #208,742 upwards

a. Back: pen sign. Treas., facsimile sign. Aud. and Fiscal
(Serial #185,463 to 190,800)

Good - $5.00
Fine - $8.50
XF - $15.00