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5 Pesos
| Issuer | Philippine National Bank, Iloilo City |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1942 ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES WILL PAY THE BEARER ON DEMAND FIVE PESOS In Lawful Currency Of The Philippines ILOILO CURRENCY COMMITTEE SERIES OF 1942 |
| Reverse description | Red on light paper reverse with an overall fine floral and vine underprint pattern filling the entire field. Large block letter 'V' numerals occupy each corner, with 'Five Pesos' inscribed in the lateral margins. The central vignette carries the text 'PHILIPPINE NATIONAL BANK / Iloilo City, Philippines, Dec. 20, 1942' above the bold denomination legend 'FIVE PESOS', with 'EMERGENCY CIRCULATING NOTE' inscribed below. |
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| Comments |
The Philippine National Bank branches at Iloilo and several other regional centers issued emergency guerrilla currency after the Japanese occupation severed normal banking operations in 1942. These provincial notes were produced locally under improvised conditions — paper stock, printing quality, and security features varied considerably depending on what materials were actually available at the time of printing.
Iloilo branch issues are among the more documented of the Philippine wartime emergency series, but genuine examples still show wide variation in ink consistency and impression depth. Forgeries, both wartime Japanese counterfeits and later fabrications, are a known problem across the P#S300-range issues.