Guerrilla Money
A history of WWII Philippines currency
Masbate Consolidated Mining, Masbate
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Masbate Consolidated Mining, Masbate
On December 20th, 1941, President Quezon suspended Commonwealth Act 303, which forbid paying workers with company-issued money. He did this to allow the mining and sugar operations to continue throughout the Philippines during the occupation as money could not be readily distributed to remote areas. The Masbate Consolidated Mining Company is the only know firm…
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KKKK, Masbate
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Masbate
Masbate Province consists of an island in the central Philippines west of Samar and northwest of Leyte. Masbate has some of the lowest amounts of pre-surrender notes printed, and official records indicate that most were redeemed after the war, thus leaving very few for the collector. Municipal notes: Provincial notes:
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