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50 Centavos

Issuer Negros Occidental Currency Committee
Year 1941
Type Local banknote
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Obverse lettering FIFTY CENTAVOS PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER FIFTY CENTAVOS ISSUED BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES NEGROS OCCIDENTAL CURRENCY COMMITTEE FIFTY CENTAVOS
Reverse description Letterpress-printed in brown on cream paper, with the bank name in large script at the top. The Commonwealth of the Philippines arms appears at centre between the denomination text "FIFTY CENTAVOS", with "SECOND ISSUE" below. The place and date of issue, "Bacolod City" and "Dec. 30, 1941", flank the central arms, and a bold inscription "EMERGENCY CIRCULATING NOTE OF 1941" runs across the lower portion within a decorative guilloche border.
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Comments

When Japanese forces occupied the Philippines following the December 1941 attacks, provincial and municipal governments throughout the archipelago scrambled to issue their own emergency currency after the Manila-based banking system collapsed. Negros Occidental was among the earliest and most organized of these local issuers, establishing its Currency Committee within weeks of the invasion to keep commerce functional on the island.

Filma Press was a local commercial printer — not a security printer — working under wartime conditions with whatever paper stock was available. The notes are accordingly fragile, and survivors with intact margins are genuinely uncommon.

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