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| Issuer | Philippine National Bank, Zamboanga Currency Committee |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE ZAMBOANGA AGENCY OF THE PHILIPPINE NATIONAL BANK WILL PAY TO THE BEARER THE AMOUNT OF THIS PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF ONE PESO Series of 1942 Issued by Zamboanga Currency Committee Actg. Provl. Auditor Member Provincial Treasurer Chairman Actg. Provl. Governor Member |
| Reverse description | Plain unadorned letterpress reverse enclosed within a single-rule rectangular border; the denomination ONE PESO is set in large bold capitals at centre, with PHILIPPINE NATIONAL BANK CIRCULATING NOTE below and SERIES OF 1942 at foot, the entire design relying solely on typography with no vignettes, guilloche, or ornamental elements. |
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| Comments |
The Zamboanga Currency Committee was one of several emergency civilian bodies that scrambled to produce local scrip after Japanese forces severed the Philippine islands from one another in early 1942. Zamboanga, on the western tip of Mindanao, remained under Commonwealth control long enough for provisional notes to be authorized, printed locally with whatever materials were at hand, and pushed into circulation before the Japanese occupation of the peninsula closed that window.
The Philippine National Bank's name on these notes is essentially borrowed authority — the actual issuing mechanism was the committee, not the bank's central operations.