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10 Centavos
| Issuer | Philippine National Bank, Iloilo City |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | 10 Centavos |
| Currency | Log in to see details |
| Composition | 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 | Log in to see details |
|---|---|
| Obverse lettering | EMERGENCY CIRCULATING NOTE OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND TEN CENTAVOS IN LAWFUL CURRENCY OF THE PHILIPPINES ILOILO CURRENCY COMMITTEE CENTAVOS 10 |
| Reverse description | Log in to see details |
| Reverse lettering | PHILIPPINE NATIONAL BANK TEN CENTAVOS EMERGENCY CIRCULATING NOTE OF 1941 ISSUED BY THE ILOILO CURRENCY COMMITTEE UNDER THE AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ILOILO CITY PHILIPPINES DECEMBER 30, 1941 CENTAVOS 10 |
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| Comments |
The Philippine National Bank's Iloilo branch began issuing its own emergency currency in late 1941 as Japanese forces advanced through the archipelago and the supply of centrally issued notes became unreliable. These branch-specific emergency notes were printed locally under improvised conditions — Iloilo City had no established security printing facility, which shows in the production quality of surviving examples.
The Iloilo series is among the more localized of the PNB emergency issues, reflecting how fractured the Philippine monetary system became during those final weeks before the Japanese occupation of the Visayas in early 1942.