Catalog
10 Centavos
| Issuer | Iloilo Currency Committee |
|---|---|
| Year | 1941 |
| Type | Local banknote |
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| Obverse description | The note is framed by a decorative border with the word CENTAVOS along both vertical sides and denomination numeral 10 in each corner. A circular official seal is centered in the upper portion, flanked by the text of the promise-to-pay legend; below, the denomination TEN CENTAVOS is printed in large bold letters with committee authorization text beneath. Two manuscript signatures of the Provincial Auditor and Provincial Fiscal appear at the bottom, with a serial number printed vertically on both left and right margins. |
|---|---|
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| Reverse lettering | PHILIPPINE NATIONAL BANK TEN CENTAVOS ILOILO CURRENCY COMMITTEE EMERGENCY CIRCULATING NOTE OF 1941 ISSUED BY THE ILOILO CURRENCY COMMITTEE UNDER THE AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ILOILO CITY PHILIPPINES DECEMBER 30, 1941 |
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| Comments |
The Iloilo Currency Committee was one of several provincial emergency bodies that issued guerrilla or civilian currency in the Philippines following the Japanese invasion in late 1941. These notes were produced outside any central banking authority, improvised from whatever printing resources were locally available — which accounts for the crude typography and irregular paper stock commonly seen across the S300 series.
Iloilo City fell to Japanese forces in April 1942. Notes issued in the weeks before and just after the invasion occupy an uncertain space: technically authorized by a committee that was about to cease functioning, circulated under occupation conditions, and later rendered worthless by Japanese military currency mandates.
The S302 specifically is among the more frequently encountered Iloilo emergency pieces, suggesting a reasonably large print run relative to some companion denominations.