Q

Philippines 5 Centavos Banknote, 1942, P-S252

Pick: S252
Date: 1942
Book Value: USD $50.00
Books Values are provided from the Standard Catalog of World Paper Money, 2th Edition. Please note for certain banknotes BNWorld, Inc. uses the Market Value when no Book Value has been assigned or there is a significant gap between SCWPM's Book Value and the current Market Value.
Disclaimer: The banknote prices provided are not intended to provide any specific financial, investment, or legal advice. The prices we provide are for your own personal use and for reference. BNWorld, Inc. does not guarantee the accuracy of the price estimates provided.
Philippines 5 Centavos Banknote, 1942, P-S252
Zoom image

Scan donated by Colnect.com

1942-02-09 Serial #1 - 14400. Normal monthly expenditure of the Leper Colony was 25.000 Pesos, most of which was obtained directly from Manila At outbreak of the war supply of money became difficult, and funds were soon exhausted. In a public meeting the issue of a local scrip was decided. These scrips were accepted with reluctance, and an appeal was made to president Quezon who telegraphed back on 09.02.1942: "If necessary, issue notes for payment of salaries and other expenses. These notes will be redeemed by government later." With presidential authority typed on back.

Donated by Colnect.com

Comments

You can ask a question here. All questions and comments are private.
If you have a note in better condition please contact us. You can ask a question.