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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 |
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| Composition | Paper |
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| Obverse description | Red-on-white emergency circulating note with a decorative guilloche border running the full perimeter. The central text in large letterpress type reads FIFTY CENTAVOS, beneath which appears the issuing authority inscription ISSUED BY MISAMIS OCCIDENTAL CURRENCY COMMITTEE. The upper portion carries the full pledge legend stating the Misamis Occidental Agency of the Philippine National Bank will pay to the bearer the stated amount, with SERIES OF 1942 noted at upper left and right. Three signature lines appear at the bottom, attributed to the Provincial Treasurer as Chairman, the Provincial Fiscal as Member, and the Provincial Auditor as Member. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain red-on-white reverse with a simple rectangular guilloche border. The denomination FIFTY CENTAVOS appears in large bold letterpress type at the top and bottom of the central field, with PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE and SERIES OF 1942 inscribed between them in lighter type. Ghost impressions of the obverse text are visible through the thin paper stock. |
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| Comments |
The Philippine National Bank's provincial emergency issues of 1942 are among the more administratively complex notes of the Pacific War period. When Japanese forces occupied Manila in January 1942, regional PNB agencies were cut off from central supply and authorized to produce their own emergency currency to keep local commerce functioning. The Misamis Occidental Agency on the northern Mindanao coast was one of several that responded with handstamped or locally printed fractional notes.
Three countersignatures on a 50-centavo note is unusual — Pacana, Nolasco, and Barbasa each representing a different layer of local authorization, likely a deliberate anti-fraud measure given how primitive the production conditions were.