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50 Centavos
| Issuer | Iloilo Currency Committee / Philippine National Bank |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 50 Centavos (0.50) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain white paper with a black letterpress border incorporating CENTAVOS lettering along all four margins and corner numerals 50. The central field carries the issuing bank name in bold type above the large numeral 50 underprint, flanked by place and date details reading Iloilo City, Philippines and May 1, 1944. The lower inscription cites presidential authority for the emergency issue. |
| Reverse lettering | PHILIPPINE NATIONAL BANK ILOILO CITY PHILIPPINES 50 MAY 1 1944 BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES EMERGENCY CIRCULATING NOTE OF 1944 CENTAVOS |
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| Comments |
The Iloilo Currency Committee notes of 1944 were emergency issues produced during the Japanese occupation, authorized locally to address the near-total collapse of usable currency in the Visayas. The Philippine National Bank's nominal co-sponsorship lent these notes a veneer of institutional legitimacy, but real backing was essentially nonexistent — the committee was working with whatever paper and printing resources survived the occupation.
Locally printed emergency fractional notes from this period are among the more fragile survivors of wartime Philippine numismatics. Paper quality was inconsistent, and many did not last long in circulation.