CEBU Guerilla Paper Money S215

S215
ONE PESO
1941. Blue. Lt. orange back.
White bond paper.
Serial #1 to 1,000,000 .

Good: $0.10
Fine: $0.25
XF: $1.25

CEBU

Cebu Currency Committee

The Cebu Currency Commitee was created by President Quezon in a telegram dated Dec, 29, 1941. Simeon C. Miranda, Acting Manager of the Cebu Branch of the Philippine National Bank, was designated Chairman, with Provincial Auditor Roman T. del Bando and Provincial Fiscal Feliberto Imperial Reyes as Members.

The first notes produced were of 1 Peso denomination, printed in blue on white bond paper. By mid-February 1942, one million notes had been printed. By then stocks of paper had been obtained, primarily from the Bais Cellulose factory in Negros Oriental, and printing of the other denomintions, in black, were undertaken, The centavo notes were printed on a thick yellow paper. Each of the peso denominations had an underprinting in a different color. Officially, printing ended in late March, by which time a total of 11,005,000 pesos had been printed and turned over to the Philippine National bank for distribution.

For reasons never explained, Chairman Miranda had an additional 550,000 pesos printed in 5 and 20 peso notes. without the knowledge of the other Committee Members. On April 8, he turned the entire amount over to two USAFFE officers. When the Japanese invaded Cebu two days later, the currency was secretly hidden to prevent its capture. Later on, the Cebu guerillas retrieved it and and used it to finance their operations. Since no currency was printed in Cebu after the surrender, as was done in other areas, these notes may be regarded as a guerilla issue.

Most counterfeits are poorly done, none as good as the genuine. Serial numbers are often crude, sometimes faded to illegibility, and many of them have numbers far beyond the genuine.



PHILIPPPINE NATIONL BANK  - CEBU

1941 OFFICIAL EMERGENCY CIRCULATING NOTE ISSUE
#S 211-S214 bank arms at ctr, on face. Yellow paper.

(S211 to  218)

1941 CEBU GUERILLA ISSUE

(S219 -220)

1941

MARIBOJOC (Bohol) - BOH 663

BOH-663
20 Centavos

Good: $3.50
V. Good: $ 4.50
Fine: $6.00

 

MARIBOJOC (Bohol) - BOH 662

BOH-662
10 Centavos

Good: $3.50
V. Good: $ 4.50
Fine: $6.00

MARIBOJOC (Bohol) - BOH 661

BOH-661
5 Centavos

Good: $3.50
V. Good: $ 4.50
Fine: $6.00

MARIBOJOC (Bohol) - BOH 653

BOH-653
20 Centavos

Good: $5.00
V. Good: $ 7.50

MARIBOJOC (Bohol) 1944

This town is in the center of the southwest cluster of communities on Bohol which issued local currency. Two markedly different emissions ook place, both dated 1944. The first of these is reminiscent of the famous "Lazy 2" issue of U.S. $2 notes as the redemption numerals on the face are lying sideways in a "Lazy"  position. The second issue is somewhat more conventional. Issuing body was the Emergency Currency Board of the town,


First Issue

This is by far the scarcer of the two issues, Printing is usually not good, and it is seldom that a decently clear specimen can be found.


General Characteristics

Face: Mimeo print, two black typed serial numbers, weakly printed signatures of the Board. Large numerals at the right are in a horizontal or "lazy" position. Title is "Certificate of 1944."

Back: Three small handwritten signatures probably were meant for each note; back is otherwise blank. Embossed seal is weakly impressed (on all?).

Size: 79-84/54mm.

Paper: White ballot

(BOH 651 to 653)




Second Issue

Notes of the second issue are much more plentiful, better printed and less individualistic in their appearance.


General Characteristics

Face: Mimeo print, two black typed serial numbers, three printed signatures of the Board. Large denomination numerals are upright and centered. Title as the first issue.

Back: Similar to the preceding issue.

Size: 81-84/60-61mm.

Paper: White ballot

(BOH 661 to 663)