10 pesos 1942

Common. eBay market data shows these notes trading consistently in the $2-$10 range across multiple condition grades (CIRC $2.50-$9.99, XF $2.99-$3.00, AU $2.99-$5.99, UNC $4.50), indicating a readily available supply in the collector market. The Bohol Emergency Currency Board issue appears to have been produced in sufficient quantity to ensure regular availability today. While these are historical and interesting pieces from the 1942 emergency period, they are not scarce.

Issued during 1942 under the authority of the President of the Philippines during the Commonwealth period, this Treasury Emergency Currency Certificate reflects the extraordinary fiscal measures undertaken during Japanese occupation and wartime disruption. The Bohol Emergency Currency Board issuance from Tagbilaran represents localized emergency monetary measures when normal currency supplies were disrupted. The redemption clause—'will redeem this certificate of 1942 at face value upon termination of emergency'—underscores the temporary, crisis-driven nature of these instruments.

This is a Certificate of Emergency Currency issued by provincial authorities rather than the national mint, featuring a formal documentary design typical of wartime emergency issues. The obverse displays a circular seal of the Commonwealth of the Philippines featuring an eagle emblem with shield design, positioned on the right side of the authorization text block. The reverse emphasizes the denomination through large centered text reading 'TEN PESOS' with decorative scrollwork and geometric patterns in the corners. Both sides feature ornate borders with intricate geometric designs. The note incorporates repeated denomination markers in all four corners of the reverse for security and clarity. The tan/sepia color palette is natural to the paper substrate rather than intentional design coloring.

FRONT SIDE: 'TREASURY EMERGENCY CURRENCY CERTIFICATE' / 'BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES' / 'THIS CERTIFIES THAT THE GOVERNMENT OF THE PHILIPPINES' / 'WILL REDEEM THIS CERTIFICATE OF 1942 AT FACE VALUE UPON TERMINATION OF EMERGENCY' / 'TENDESOS' (Ten Pesos) / 'PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES BOHOL EMERGENCY CURRENCY BOARD' / 'COMMONWEALTH OF THE PHILIPPINES' / Serial number: 89147 / Signature lines for 'ACTING PROVINCIAL TREASURER MEMBER', 'PROVINCIAL AUDITOR CHAIRMAN', and 'PROVINCIAL FISCAL MEMBER'. BACK SIDE: 'TEN PESOS' / 'ISSUED BY THE BOHOL EMERGENCY CURRENCY BOARD' / 'TAGBILARAN, BOHOL' / 'PHILIPPINES' / Repeated 'PESOS' denominations in corners.

Letterpress printing on bond paper, characteristic of 1942-era emergency currency production. The clear impression of ornate borders, the defined serif text, and the consistent ink saturation visible in the visual analysis indicate traditional letterpress methodology. The red serial number was likely applied in a separate print pass. This production method was standard for emergency provincial currencies during the Commonwealth period, as full security printing was not available during wartime disruption.

Pick catalog number P-S137c indicates this is the 'c' variety of the Bohol 10 pesos emergency issue. The serial number 89147 is printed in red, consistent with the cataloged variety. Signature variations exist among Bohol emergency notes depending on which officials signed the certificates. This specific specimen should be compared against other known serial number ranges to confirm if it represents a distinct printing batch or signature combination variant within the P-S137c designation.