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50 Centavos
| Issuer | Philippine National Bank, Misamis Occidental Agency (Mindanao) |
|---|---|
| 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 | Plain paper emergency circulating note with a simple typeset design enclosed within a decorative border. The central text block carries the issuing authority, promise-to-pay legend, and the denomination 'Fifty Centavos' in large letterpress type, flanked by corner numerals '50 CENTAVOS' and the inscription 'SERIES OF 1942' at left and right. Below the central denomination, three manuscript signatures of the Misamis Occidental Currency Committee members — the Provincial Treasurer (Chairman), Provincial Fiscal (Member), and Provincial Auditor (Member) — are printed alongside their respective titles. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | FIFTY CENTAVOS Philippine National Bank Emergency Circulating Note Series of 1942 FIFTY CENTAVOS |
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| Comments |
The Philippine National Bank's Mindanao emergency issues of 1942 were produced by regional agencies operating in near-complete isolation from Manila, which had fallen to Japanese forces in January of that year. The Misamis Occidental Agency was one of several provincial offices that improvised local currency to keep commerce and military supply chains functional in guerrilla-held territory — the alternative was economic paralysis.
Three signatures on a single low-denomination note is unusual and reflects the committee-style authorization these agencies adopted when normal banking hierarchy had collapsed. Barbasa, Velasco, and Pacana were local officials pressed into emergency financial administration rather than career central bankers.