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20 Pesos
| Issuer | Philippine National Bank / Iloilo Currency Committee |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 20 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | A green guilloche border frames the note, with the denomination TWENTY PESOS repeated along the upper and lower margins and PESOS inscribed vertically along both lateral edges. A portrait vignette of a male figure is positioned at the left centre within the green underprint, while the central text panel, executed in black letterpress, carries the issuing authority, promise-to-pay legend, and a stamped red script date 'Iloilo City, Dec. 30, 1942' at right. Three manuscript signatures appear across the lower portion, identified below as Provincial Auditor Member, Acting Manager P.N.B. Iloilo Chairman, and Provincial Fiscal Member. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | PHILIPPINE NATIONAL BANK TWENTY PESOS ILOILO CITY PHILIPPINES DECEMBER 30 1942 EMERGENCY CIRCULATING NOTE OF 1942 20 PESOS |
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| Comments |
The Iloilo Currency Committee was one of several provincial emergency currency authorities that scrambled to issue notes in the weeks following the Japanese invasion, before Manila fell in January 1942. Philippine National Bank branches supplied the institutional framework — and in some cases the pre-printed stock — but the actual authorization and overprinting was handled locally, giving this series a distinctly ad hoc character that shows in the inconsistencies between surviving specimens.
Iloilo City itself fell to Japanese forces in April 1942, which imposed a hard ceiling on how long these notes could have circulated under their intended authority. Most emergency Visayan issues were demonetized or simply abandoned in place.