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50 Centavos

Issuer Apayo, Sub-province of
Year 1942
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Reference(s) P#S107
Obverse description A red-printed eagle vignette with wings fully outstretched occupies the centre of the note. The denomination "50¢" appears in each corner, with the issuer name "APAYAO" across the top and the value inscription "FIFTY – CVOS" along the bottom. Signature lines for the Deputy Governor, Treasurer, and Auditor are printed in the lower half, accompanied by the wartime redemption clause "Payable After the War".
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Reverse description The reverse mirrors the obverse layout, printed in red on plain paper, with the same eagle vignette at centre and denomination numerals "50¢" at each corner. The issuer name "APAYAO" is visible at the top and "FIFTY – CVOS" at the bottom, with no additional text or ornamentation; the obverse lettering shows through the thin paper stock.
Reverse lettering APAYAO FIFTY - CVOS 50 ¢
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