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| 正面描述 | Plain paper ground with text arranged in horizontal registers. The denomination '20' appears in red at both the left and right margins, flanking the central text block. Serial number and date 'Jan. 8, 1945' are printed at top, followed by authorization reference 'Authorized Letter P.T. Oct. 23, 1944', with three manuscript signatures of local officials at the lower portion. |
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| 正面铭文 | CIRCULATING PAPER BILL / No. 678 / Jan. 8, 1945 / Authorized Letter P.T. Oct. 23, 1944 / PESOS / THE PROVINCE OF PALAWAN WILL PAY THE BEARER ON DEMAND / TWENTY PESOS / In lawful Currency of the Philippines / M. RODRIGUEZ J. of the Peace / E.A. VILLAPA Mun. Dist. Treas. / PAULINO APOSTOL Member |
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Philippine guerrilla currency is a crowded field, but Palawan's emergency issues occupy a peculiar corner of it. The island was among the last major Philippine territories to see sustained Japanese occupation, and its provincial government maintained enough administrative continuity to issue currency with genuine bureaucratic formality — three signatures, a full provincial authority designation, and series controls that suggest real accounting behind the printing.
The "Red 20" designation distinguishes this from other 20 Peso Palawan emissions by overprint color, a quick and cheap method of differentiating authorized reissues or series without committing to a full reprinting run.