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20 Centavos

Issuer Cebu Currency Committee
Year 1941
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Value 20 Centavos (0.20)
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Obverse lettering EMERGENCY CIRCULATING NOTE OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND TWENTY CENTAVOS IN LAWFUL CURRENCY OF THE PHILIPPINES CEBU CURRENCY COMMITTEE
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Reverse lettering PHILIPPINE NATIONAL BANK TWENTY CENTAVOS ISSUED BY THE CEBU CURRENCY COMMITTEE BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES OF DECEMBER 1941 EMERGENCY CIRCULATING NOTE OF 1941 CEBU CITY, PHILIPPINES
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Comments

The Cebu Currency Committee was one of several provincial emergency bodies that issued guerrilla currency in the Philippines following the Japanese invasion in late 1941. These local emission authorities operated under severe material constraints — commercial paper, rubber stamps, and whatever printing resources remained available after the fall of Corregidor.

P-S213 belongs to a series that was produced and circulated almost entirely outside Japanese-controlled zones. Survival rates vary sharply depending on how close a given community came to Japanese occupation, since holders frequently destroyed notes to avoid reprisals.

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