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20 Centavos
| Issuer | Provincial Board of Mountain Province |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Philippine Peso (1903-date) |
| Composition | Log in to see details |
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| Obverse description | The obverse is printed in black on white paper within an ornate guilloche border with a decorative scalloped frame. The upper portion bears the title 'Mountain Province Emergency Note' flanked by the denomination 'P.20' at each corner, with the body text certifying that the equivalent of 'TWENTY CENTAVOS' has been deposited in the Philippine National Bank, payable to bearer on demand. The lower portion carries four signature lines for the Provincial Governor, Provincial Treasurer (identified as N.S. Vergara), Provincial Auditor, and Assistant Provincial Treasurer, with manuscript signatures and an official rubber-stamp seal of the Mountain Province. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Protection type | Official seal |
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| Comments |
Mountain Province was one of several Philippine administrative regions that issued emergency guerrilla currency after the Japanese occupation severed the islands from the Commonwealth government's banking infrastructure. The Provincial Board notes were authorized locally and printed under occupied-territory conditions — meaning production quality varied significantly across batches, and the official seal served as the primary authentication mechanism precisely because more sophisticated security printing was unavailable.
The series is catalogued under Philippine emergency issues, but survival rates differ sharply by denomination. The 20 Centavos, being a small transaction note in daily use, circulated hard.