65

Assorted Emergency Money, Philippines

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:10.00 USD Estimated At:20.00 - 40.00 USD
Assorted Emergency Money, Philippines
Total of 12 Philippine Emergency Bank Notes. Ranging from 10 Centavos to One Peso. In 1942, the Japanese occupiers introduced notes for use in the Philippines. Emergency circulating notes (also termed "guerrilla pesos") were also issued by banks and local governments, using crude inks and materials, which were redeemable in silver pesos after the end of the war. The Japanese-sponsored Second Philippine Republic under José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested. (No longer a law, you will not be arrested for purchasing or owning these notes)