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20 Centavos
| Issuer | Municipal Treasury of Bantayan |
|---|---|
| Year | 1942-1944 |
| Type | Local banknote |
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| Obverse description | Printed on yellow-ochre paper with a light blue geometric underprint border framing the note. The central text panel carries the promise-to-pay legend in bold letterpress, with the denomination TWENTY CENTAVOS set in large display type; the numeral 20 appears in each lower corner. Two handwritten signatures appear below the central vignette, attributed to the Municipal Mayor and Municipal Treasurer respectively, with a serial number stamped vertically at right. |
|---|---|
| Obverse lettering | CREDIT NOTE THE MUNICIPAL TREASURY OF BANTAYAN WILL PAY THE BEARER ON DEMAND TWENTY CENTAVOS IN LAWFUL CURRENCY 20 CENTAVOS 20 Mun. Mayor Mun. Treas. |
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| Comments |
Bantayan is a small island municipality in Cebu Province, and like dozens of Philippine local governments during the Japanese occupation, its treasury issued emergency guerrilla or civilian currency when the pre-war Commonwealth peso became impossible to obtain. These municipal scrip issues were authorized under desperate circumstances — sometimes by local officials acting with thin legal backing, sometimes under direct military pressure — and printed on whatever paper was available, frequently with typewriters, rubber stamps, or hand lettering.
Survival rates are unpredictable. Island communities faced particular isolation, and many of these notes were redeemed, destroyed, or simply lost before any systematic collecting began.