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200 Pesos
| Issuer | Province of Cagayan |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 200 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EMERGENCY TREASURY CERTIFICATE THE COMMONWEALTH OF THE PHILIPPINES PROVINCE OF CAGAYAN TUAO, CAG. JAN. 1, 1942 THIS IS TO CERTIFY THAT THE ISSUANCE OF THIS EMERGENCY CERTIFICATE FOR THE AMOUNT OF TWO HUNDRED PESOS HAS BEEN DULY AUTHORIZED BY THE PRESIDENT OF THE PHILIPPINES AND THE PROVINCIAL BOARD OF CAGAYAN AND IS REDEEMABLE BY THIS PROVINCE AFTER THE WAR. For the Prov. Treasurer For the Prov. Auditor Provincial Governor TWO HUNDRED PESOS |
| Reverse description | Log in to see details |
| Reverse lettering | EMERGENCY TREASURY CERTIFICATE No. 11045 P200.00 BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES AND THE PROVINCIAL BOARD OF CAGAYAN I HEREBY ORDER THE ISSUANCE OF THIS EMERGENCY CERTIFICATE WHICH FOR ALL INTENTS AND PURPOSES IS HEREBY DECLARED LEGAL TENDER FOR THE AMOUNT INDICATED IN SUM AND IN THE INTERNAL REVENUE STAMP ATTACHED ON THE LEFT HAND MARGIN OF THE FACE OF THIS CERTIFICATE WHICH IS DULY SIGNED BY THE GOVERNOR OF THE PROVINCE, AUDITOR AND PROVINCIAL TREASURER. THIS CERTIFICATE WILL BE REDEEMED BY THE GOVERNMENT OF THE PROVINCE OF CAGAYAN FROM ITS DEPOSIT OF P500,000 IN THE TREASURY OF THE PHILIPPINES. REFUSAL TO ACCEPT THIS CERTIFICATE IS PUNISHABLE BY LAW. Provincial Governor TWO HUNDRED |
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| Comments |
The guerrilla and provincial emergency issues of the Philippine Commonwealth during the Japanese occupation (1942–1945) are among the most varied emergency currencies of the Pacific War. Cagayan Province, in the far north of Luzon, issued its own scrip as Japanese military currency rendered pre-war Philippine notes increasingly unreliable. P#S172 sits at the high end of the Cagayan denomination range, which itself signals how quickly inflation was eroding purchasing power even in 1942.
The internal revenue stamp used as a security device is a practical improvisation — provincial authorities had no access to specialized banknote security printing, so existing fiscal materials were pressed into service to discourage counterfeiting.