Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
1 Peso
| Issuer | Philippine National Bank, Iloilo City |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Printed in green and black on plain paper, the obverse bears the heading PHILIPPINE NATIONAL BANK centered at top, beneath which the legend EMERGENCY CIRCULATING NOTE OF 1942 ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES spans the width of the note. The central field carries the promise text PHILIPPINE NATIONAL BANK / WILL PAY THE BEARER ON DEMAND above the denomination ONE PESO and the clause IN LAWFUL CURRENCY OF THE PHILIPPINES, with the imprint ILOILO CURRENCY COMMITTEE below; corner numerals and serial number appear in red. Three manuscript signatures with their respective titles appear at the foot of the note. |
|---|---|
| Obverse lettering | PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1942 ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND ONE PESO In Lawful Currency Of The Philippines ILOILO CURRENCY COMMITTEE SERIES OF 1942 PESO |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Philippine National Bank's Iloilo branch issues occupy an unusual corner of wartime Philippine currency. When Japanese forces advanced through the islands in late 1941 and early 1942, several regional branches issued their own emergency notes independently, without coordination from Manila — which had already fallen. The Iloilo issues were among the last produced before Japanese occupation of Panay in April 1942 forced a halt.
Locally printed under severe material constraints, these notes show considerable variation in paper quality and impression consistency across surviving examples. The S-prefix Pick numbers signal their status as siege or emergency issues rather than central bank production.