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2 Pesos
| Issuer | Philippine National Bank / Iloilo Currency Committee |
|---|---|
| Year | 1941 |
| Type | Local banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Blue guilloche underprint covers the entire field, with large bold numeral '2' in red at each corner and 'PESOS' in red along the lateral margins. A spread-eagle vignette is centred in the upper portion within a large blue 'V' formed by diagonal lines, below which the promise-to-pay text and denomination 'TWO PESOS' appear in bold letterpress. The seal of the Province of Iloilo is at lower right, flanked by three manuscript signatures identifying the Provincial Auditor, the Manager of the Philippine National Bank Iloilo branch (serving as Chairman), and the Provincial Fiscal. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | PHILIPPINE NATIONAL BANK Iloilo City, Philippines, Dec. 30, 1941 TWO PESOS Two Pesos 1941 EMERGENCY CIRCULATING NOTE |
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| Comments |
The Iloilo Currency Committee was one of several emergency local bodies that scrambled to produce substitute currency in the Philippines following the Japanese invasion of December 1941. The Philippine National Bank lent its institutional name to these issues, but the notes were produced under improvised wartime conditions, with the Iloilo series authorized specifically to address the collapse of normal financial circulation in the Visayas region.
Hoarding and destruction mean survivors are genuinely scarce, particularly in any grade approaching unissued.