-40%

1942 PHILIPPINES Culion Leper Colony 50/20 Typing ERROR S244x Only Ultra RARE

$ 118.8

Availability: 100 in stock
  • Certification: Uncertified
  • Circulated/Uncirculated: Uncirculated
  • Modification Description: Overprinted Typing
  • Grade: Ungraded
  • Photo: Dr Chiyuto Chief Man
  • Country: Philippines
  • Condition: Exact Note.
  • Type: Errors
  • Country/Region of Manufacture: Philippines
  • Year: 1942
  • Modified Item: Yes

    Description

    Philippines Culion Leper Colony WW2 Banknotes
    Dear Collector, Hobbyist, Investor, Historical buff.
    Signatures: Lisboa / Nolasco / Wade
    S244x
    1942
    Serial Range #1-16,000 (14,869)
    Back: Without Presidential Authority
    (x) Error
    FIFTY CENTAVOS
    Typed Over
    TWENTY CENTAVOS
    Error is LESS then 16k 50centavos Total printed
    *Very interesting note, as you can see from "SAMPLE" Remainder sheet, there was only 1 20/50c ERROR per full sheet printed.
    Which happened prior to the serial numbers being issued  which logic would suggest printers where aware of the beginning error and just continued through the stages.
    Culion Leper Colony
    The Culion Leper Colony was administered by the Commonwealth Bureau of Health.  Normal monthly expenditure was about 25,000 Pesos, most of which was obtained directly from Manila.  The outbreak of the war effectively severed source of supply.  Funds on hand where nearly exhausted in meeting the December 1941 payroll.  The special Culion coinage was reissued, but was only a stop gap measure.  In late January 1942 at a public meeting a proposal was adopted to issue local script.  A Currency Committee was formed consisting of Dr. H. W. Wade, Medical Director of the Leonard Wood Memorial, as Chairman, with Acting Chief Pathologist Jose O. Nolasco and Disbursing Officer Julio Lisboa as members.  The script was mimeographed on pink paper for centavo denominations and blue paper for Peso denominations.  The Bureau of Health stamping was applied on the back in blue.  Notes where dipped in paraffin for durability.  Even so the script was accepted with reluctance, and an appeal was made to President Quezon who telegraphed on February 9th, 1942 "If necessary issue notes for payment of salaries and other expenses, these notes will be redeemed by Government later"  A total of 144,485 Pesos was printed, but only 92,130 Pesos placed in circulation.  When Japanese Military script arrived at the end of July 1942, use of Culion script was officially prohibited.
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