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| 背面描述 | Yellow-ochre paper with an elaborate light blue underprint consisting of an ornate central medallion incorporating an eagle vignette at top centre, surrounded by interlocking geometric and foliate guilloche patterns, with the denomination numerals 20 flanking the centre on each side. Black overprint carries the note designation and denomination in bold display type, with a territorial restriction notice below. |
| 背面铭文 | CENTAVOS Credit Note 20 TWENTY 20 Not valid outside of BANTAYAN CEBU |
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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.