Catalog
5 Centavos
| Issuer | Philippine National Bank, Iloilo City |
|---|---|
| Year | 1941 |
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| Currency | Peso (1903-1949) |
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| Obverse description | Green on light background, the note bears a central text block reading 'EMERGENCY CIRCULATING NOTE OF 1941 / THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND' surrounding a circular seal vignette at center. The denomination '5' appears in large numerals at each corner, with 'CENTAVOS' running vertically along both side borders in a guilloche-patterned frame. Three signature lines appear at the lower portion, attributed to the Provincial Auditor, Manager of the Iloilo Branch, and Provincial Fiscal, with the serial number printed vertically on both sides. |
|---|---|
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| Reverse lettering | CENTAVOS PHILIPPINE NATIONAL BANK FIVE CENTAVOS EMERGENCY CIRCULATING NOTE OF 1941 ISSUED BY THE ILOILO CURRENCY COMMITTEE UNDER THE AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ILOILO CITY, PHILIPPINES DECEMBER 30, 1941 |
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| Comments |
The Philippine National Bank's wartime emergency currency from Iloilo City represents one of several provincial issues authorized as Japanese forces advanced through the archipelago in late 1941 and early 1942. Iloilo, as the commercial hub of the Western Visayas, warranted its own local emergency authorization rather than relying solely on Manila-issued notes.
The S-prefix in the Pick reference denotes a specialized or regional issue — these Iloilo branch notes are among the more elusive of the Philippine wartime provincials, as many were destroyed, lost, or simply never recovered following the Japanese occupation of Iloilo in April 1942.