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FREE: Five Centavos 1942 Philippines Occupied Uncirculated

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Description

The listing, Five Centavos 1942 Philippines Occupied Uncirculated has ended.

This uncirculated emergency note is dated Jan. 28, 1942 XF condition. Free shipping Thanks

Questions & Comments

What exactally is an emergency Note...Was it at sometime used in Philippines? Thanks

Mar 17th, 2010 at 10:11:46 PM PDT by

I will look it up.

Mar 18th, 2010 at 6:15:37 AM PDT by

Yes this was what they used because the currency system was in chaos. Bread might cost one price at one place and cost thousands more at another. Looting was a risk also like all wars.

Mar 23rd, 2010 at 10:13:34 PM PDT by

"During World War II, the Japanese issued Military Gumpyo Pesos (PHJ) at par with the Philippine Peso which continued to circulate; however, Philippine forces had withdrawn into the jungle, and issued their own Guerilla Pesos (PHG), redeemable in paper Pesos after the war was over. The Japanese made use of the Guerilla Pesos punishable by death, but since this would have led to the collapse of the Philippine economy, local Japanese authorities acquiesced and often allowed the Guerilla Pesos to circulate. During the war, the Japanese Military peso depreciated relative to the Commonwealth Peso with the conversion rate declining from 1.25 PHJ = 1 PHP by May 15, 1943 to 1.44:1 in June 1943, 20:1 in July 1944 and 120:1 in January 1945. The Ballantyne Scale was adopted by the Congress of the Philippines in 1945 to calculate these conversion rates." WikiAnsweres

Mar 24th, 2010 at 12:54:13 AM PDT by

What are the demensions of the note?

Mar 24th, 2010 at 6:17:28 AM PDT by

Five Centavos 1942 Philippines Occupied Uncirculated is in the Collectibles | Coins category