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50 Centavos
| Issuer | Misamis Occidental Currency Committee |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 50 Centavos (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Orange letterpress note enclosed within a decorative border of repeated ornamental units, with the issuing authority text in smaller type at the upper portion and 'PHILIPPINE NATIONAL BANK' in large bold letters across the centre. The denomination 'FIFTY CENTAVOS' appears in large display type below, flanked by serial number panels on either side, with 'SERIES OF 1942' noted in the upper corners. Three facsimile signatures of committee members with their respective printed titles run along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain orange letterpress reverse enclosed within a simple rectangular decorative border, with the denomination 'FIFTY CENTAVOS' in large bold display type at both the top and bottom margins. The centre carries the full title 'Philippine National Bank Emergency Circulating Note' and 'Series of 1942' in smaller italic script. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
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| Comments |
One of dozens of emergency currency boards that sprang up across the Philippine provinces after the Japanese occupation severed access to Manila and the Commonwealth's banking system in late 1941 and early 1942. Misamis Occidental, on the northwestern coast of Mindanao, organized its Currency Committee rapidly — the alternative was a complete breakdown of local trade, since Japanese military scrip was neither trusted nor yet fully imposed in the interior.
Three signatories from distinct branches of provincial administration — treasury, fiscal office, and audit — were required precisely to prevent any single official from controlling the issue unilaterally. A deliberate safeguard under occupation conditions.