Catalog
100 Pesos
| Issuer | Japanese Government |
|---|---|
| Year | 1945 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | The face is printed in brown on a pale green guilloche underprint, with the large bold legend "THE JAPANESE GOVERNMENT" arching across the upper field. A central oval cartouche carries the denomination numeral and "PESOS" in bold letterpress, flanked on each side by block letters "PV" and ornate acanthus scroll vignettes at all four corners. Denomination numerals "100" appear in each corner, and a Japanese kanji inscription runs along the lower border. |
|---|---|
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| Reverse lettering | 100 PESOS |
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| Comments |
The Japanese Military Administration issued occupation currency across the Philippines throughout World War II, but the 100 Pesos notes dated 1945 were produced late enough that many never reached meaningful circulation — the war's end came before full distribution could occur. The series to which this belongs was printed without serial numbers, a deliberate cost- and time-saving measure that also made forgery detection essentially impossible.
Filipino guerrilla networks and U.S. psychological operations actively encouraged civilians to refuse Japanese occupation currency, with some success. MacArthur's return and the subsequent military campaign rendered the entire issue worthless almost immediately.