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20 Centavos

Issuer Negros Occidental Provincial Currency Committee
Year 1942
Type Local banknote
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Obverse lettering TWENTY CENTAVOS EMERGENCY CIRCULATING NOTE OF 1942 ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ON JANUARY 20, 1942 THE COMMONWEALTH OF THE PHILIPPINES WILL PAY THE BEARER ON DEMAND TWENTY CENTAVOS IN LAWFUL CURRENCY OF THE PHILIPPINES NEGROS OCCIDENTAL PROVINCIAL CURRENCY COMMITTEE
Reverse description Printed in olive-brown on plain paper, the reverse is composed entirely of typeset text arranged in horizontal ruled lines forming a fine guilloche-like background effect. The denomination 'TWENTY CENTAVOS' is set in large bold type at centre, flanked by '20' numerals in the corners, with 'CENTAVOS' reading vertically along both side margins and the legend 'EMERGENCY CIRCULATING NOTE OF 1942' across the lower centre.
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Comments

One of several emergency guerrilla currency issues produced in the Philippine provinces after the Japanese occupation disrupted regular monetary supply. Negros Occidental was among the more organized of these efforts — the Provincial Currency Committee had enough infrastructure to commission a local printer and issue denominated notes across multiple values rather than resorting to handwritten scrip.

Nalco Press was a local commercial operation, not a security printer, and the notes show it. Counterfeiting was a known concern with these issues, though Japanese forces posed a more immediate threat to their validity than any forger did.

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