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1 Peso
| Issuer | Misamis Occidental Currency Committee / Philippine National Bank |
|---|---|
| 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 |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE MISAMIS OCCIDENTAL AGENCY OF THE PHILIPPINE NATIONAL BANK WILL PAY TO THE BEARER THE AMOUNT OF THIS PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF ONE PESO ISSUED BY MISAMIS OCCIDENTAL CURRENCY COMMITTEE |
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| Signature(s) | F.D. Pacana (Provincial Treasurer, Chairman), Ramon O. Nolasco (Provincial Fiscal, Member), and J. Barbasa (Provincial Auditor, Member) |
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| Comments |
Misamis Occidental is a province on the northern coast of Mindanao, and this note was issued in 1942 — the same year Japanese forces completed their occupation of the Philippine archipelago. Provincial currency committees like this one operated under the authority of the Philippine Commonwealth government-in-exile, printing emergency guerrilla currency to sustain civilian commerce and fund resistance operations in areas the Japanese either did not control or controlled only loosely.
The Philippine National Bank's co-issuer designation on these provincial emergency notes is largely nominal — local committees held the real administrative authority, which is why the three signatories are all provincial civil officers rather than central bank personnel.