Catalog
10 Pesos
| Issuer | Philippine National Bank, Iloilo City |
|---|---|
| Year | 1941 |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND TEN PESOS IN LAWFUL CURRENCY OF THE PHILIPPINES ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ILOILO CURRENCY COMMITTEE SERIES OF 1941 Prov. Auditor Member Manager Phil. Nat. Bank Iloilo, Chairman Prov. Fiscal Member |
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| Reverse lettering | TEN PESOS PHILIPPINE NATIONAL BANK Iloilo City, Philippines, Dec. 30, 1941 TEN PESOS 1941 EMERGENCY CIRCULATING NOTE Ten Pesos Ten Pesos 10 10 |
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| Comments |
The Philippine National Bank's regional emergency issues of 1941 are among the most historically compressed objects in Philippine numismatics. When Japanese forces advanced following the Pearl Harbor attacks in December 1941, provincial branches were authorized to produce emergency currency to keep commerce functioning as Manila's financial infrastructure collapsed. The Iloilo branch was among those that acted.
Printed locally under wartime pressure, these notes were produced without the security printing infrastructure of a national facility. Paper quality and printing consistency vary considerably across surviving examples — not a grading observation but a production fact.
Iloilo City fell to Japanese forces on 16 April 1942, ending circulation of this series.