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20 Centavos

Issuer Provincial Board of Mountain Province
Year 1942
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Currency Philippine Peso (1903-date)
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Obverse lettering Mountain Province Emergency Note
This certifies that there has been deposited in the Philippine National Bank the equivalent of
TWENTY CENTAVOS
payable to bearer on demand
PROVINCIAL GOVERNOR
N.S. Vergara
PROVINCIAL TREASURER
Countersigned:
By:
PROVINCIAL AUDITOR
ASST. PROV. TREASURER
P.20
Reverse description The reverse is printed in black on white paper within a plain ruled border, with the denomination 'P.20P' repeated at each corner and 'TWENTY CENTAVOS' set across the top and bottom margins. A large serial number 'No.' field is centered, with the issuing authority title 'MOUNTAIN PROVINCE EMERGENCY NOTE' below it. Two blocks of text flank the serial number: the left panel cites the authorizing resolution (Res. No. 5, S. 1942) of the Provincial Board, while the right panel specifies validity conditions requiring signatures of the Provincial Governor, Provincial Treasurer, countersignature of the Provincial Auditor, and the Official Seal of the Mountain Province. A faint embossed or rubber-stamp seal is visible at center.
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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.

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