10 pesos 1942

Common. eBay market data shows this Pick number trading consistently in the $2.50–$9.99 USD range across multiple condition grades (circulated, XF, AU, UNC), with AU examples priced at $2.99–$5.99 USD. These moderate, stable prices indicate steady collector demand without scarcity premiums. The Bohol Emergency Currency Board issued substantial quantities during 1942, and these notes survive in reasonable numbers. While historically significant, they are not scarce in the collector market.

This certificate was issued under presidential authority during the Japanese occupation of the Philippines in World War II, when normal currency circulation was disrupted and regional emergency boards were authorized to issue alternative currency. The Bohol Emergency Currency Board's issuance from Tagbilaran demonstrates how provincial governments maintained economic function during the occupation. The note's promise of redemption 'upon termination of emergency' reflects the Commonwealth government's commitment to honoring these wartime substitutes once normal conditions resumed.

The front features a formal certificate design with the Commonwealth of the Philippines seal—a shield with an eagle design—prominently displayed as the official authorizing symbol. The layout emphasizes the redemption guarantee through centered text blocks and formal typography. The ornate geometric border pattern frames all sides with repeating corner motifs. The reverse side displays the denomination 'TEN PESOS' in large, ornate lettering positioned centrally and in corners. A carabao (Philippine water buffalo) illustration appears on the left side of the reverse, serving as a cultural and regional symbol specific to Bohol. All four corners feature decorative scroll and geometric patterns typical of official currency design of the period. The overall aesthetic combines formal governmental authority with regional identity markers.

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' / 'TEN PESOS' / 'PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES BOHOL EMERGENCY CURRENCY BOARD' / 'ACTING PROV. TREAS. MEMBER' (Acting Provincial Treasurer Member) / 'PROV. AUDITOR CHAIRMAN' (Provincial Auditor Chairman) / 'PROV. FISCAL MEMBER' (Provincial Fiscal Member) / Serial: 'IC10-13'. BACK SIDE: 'TEN PESOS' (appears multiple times) / 'ISSUED BY THE BOHOL EMERGENCY CURRENCY BOARD TAGBILARAN, BOHOL' / 'PHILIPPINES'.

Letterpress printing with hand-drawn or engraved ornamental borders. The sharp definition of text, geometric border patterns, and the carabao illustration suggest professional engraving combined with letterpress production. The handwritten elements (serial number IC10-13 and what appear to be signatures) were added post-printing. This represents standard Philippine government printing practices for emergency currency of the 1942 period, likely produced locally or by authorized security printers under Commonwealth supervision.

This specific example is identified as Pick S137g (the 'g' suffix indicating a recognized variety within the Bohol 10 pesos Emergency Currency series). The handwritten serial number 'IC10-13' visible on both front and back is consistent with the hand-application practice used by the Bohol Emergency Currency Board. Signature blocks for Acting Provincial Treasurer, Provincial Auditor Chairman, and Provincial Fiscal are present but not filled in or signed on this example, which is common for many surviving specimens from this emergency issue. The geographic designation 'TAGBILARAN, BOHOL' on the reverse confirms this as the Bohol regional variety rather than other provincial issues in the same emergency currency series.