The Japanese Occupation of the 'P' Philippines (updated August 12 2016)
Section 2 1943-45
The Money (cont.)
'1943-1945' (The Southern Development Bank issues)
The Japanese text which appears in the lower border of every banknote translates as "The Government of Great Imperial Japan". The small circular seal found nearby is of the Ministry of Finance.
Notes overprinted with 見本 (mi-hon) are specimens. Please see Japanese Philippines Section 1 (1942) for fuller details.
The majority of the 1943-45 notes have engraved face plates and full serial numbers (except the very final issues).
These notes are often found with various overprints of JAPWANCAP including
"THE JAPANESE WAR NOTES CLAIMANTS RECEIVED FOR SAFEKEEPING ASSOCIATION OF THE PHILIPPINES, INC."
Various propaganda overprints are known such as "The Co-Prosperity Sphere, What is it Worth?" Not all of these and similar overprints are genuine.
Jose Rizal Monument series (1943-1944)
The monument and mausoleum was constructed to commemorate the executed Filipino nationalist and revolutionary, Jose Rizal, and completed in 1913, on the site of his death in 1896. The structure stands in what is now Rizal Park in Manila. The design was initially widely criticized, though accepted over time.
As with other Japanese occupation issues errors are a frequent occurrence. These can be interesting but unlike with most paper money do not add value to the note due to the quantity of such notes - unless the error is very significant.
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1 Peso Undated (known to have been issued from 1943). Black on green. Blue back. (front) Jose Rizal monument at left. (back) numerical amount and patterned borders. Two plate sizes known. Watermark: banana tree Printer: Japanese Government, (local?). Type 1 (SCWPM 109a) Block and serial number (right) Type 2 (SCWPM 109b) Block serial number only. Less common (lower right) Type 3 (SCWPM 109 unlisted) Replacement note indicated by the first number of the serial as '1'. Type 4 Specimen |
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5 Pesos
Undated (known to have been issued from 1943). Black on green. Brown-red back. (front) Jose Rizal monument at left. (back) numerical amount and patterned borders. Two plate sizes known. Watermark: banana tree Printer: Japanese Government, (local?). Type 1 (SCWPM 110) Block and serial number (right) Type 2 (SCWPM 110 unlisted) Replacement note indicated by the first number of the serial as '1'. Type 3 Specimen |
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10 Pesos
Undated (known to have been issued from 1943). Black on green. Green back. (front) Jose Rizal monument at right. (back) numerical amount and patterned borders. Two plate sizes known. Watermark: banana tree Printer: Japanese Government, (local?). Type 1 (SCWPM 111) Block and serial number. Type 2 (SCWPM 111 unlisted) Replacement note indicated by the first number of the serial as '1' (right). Type 3 Specimen |
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100 Pesos
Undated (known to have been issued from 1944). Black on blue-orange. Purple-green back. (front) Jose Rizal monument at right. (back) numerical amount and patterned borders. Two plate sizes known. Watermark: banana tree Printer: Japanese Government, (local?). Type 1 (SCWPM 112) Block and serial number. Type 2 (SCWPM 112 unlisted) Replacement note indicated by the first number of the serial as '1'. Type 3 Specimen |
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500 Pesos
Undated (known to have been issued from 1944). Black on purple. Olive/brown back. (front) Jose Rizal monument at right. (back) numerical amount and patterned borders. Two plate sizes known. Watermark: banana tree (Type 1), quatrefoil kiri flower (Type 2). Printer: Japanese Government, (local?). Type 1 (SCWPM 114a) Block serial 'PF'. Buff paper. Type 2 (SCWPM 114b) Block serial 'PG'. White or buff paper. Type 3 Specimen |
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1945 emergency issues
These may have been an 'unauthorised' issue. Printed at Baguio after the capture of Manila by U.S. troops. The block serials incorporated as part of the plate are an indicator of the hurried nature of the production of these notes.
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100 Pesos
Undated (known to have been issued from 1945). Rare. Block letter serial as part of plate. Black-brown- on light green. Yellow-brown back. (front) patterned borders and amount. (back) numerical amount and patterned borders. Printer: Japanese Government, (local: at Baguio). Type 1 (SCWPM 113) Block serial 'PV'. |
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1000 Pesos
Undated (known to have been issued from 1945). Colour varieties: blue-purple. Olive back. (front) patterned borders and amount. (back) numerical amount and patterned borders. Printer: Japanese Government, (local: at Baguio). Type 1 (SCWPM 115) Block serial PU. There are several colour varieties of this note from blue to purple and with varying degrees of offset; the appearance of the front image through to the back. (as can be seen, right). |
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Bangko Sentral NG Pilipinas
An unissued 'nationalist' series assumedly intended to replace the Japanese Government issues.
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10 Pisos Dated: 22,2, 1944. Brown on brown. (front) Jose Rizal portrait at left. (back) numerical amount and patterned borders. Printer: Japanese Government (without imprint) Type 1 (SCWPM 115A) Block and serial numbers. |
No image currently available, but similar in design to the following 100 Pisos. |
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100 Pisos
Dated: 22,2,1944. Black on pink. (front) Jose Rizal portrait at left. (back) numerical amount and patterned borders. Printer: Japanese Government (without imprint). Type 1 (SCWPM 116r) remainder without block or serial numbers. Type 2 (SCWPM 116s 1-4) Block and serial numbers. Various combinations of the 'mihon' overprint in red. (right) Type 3 (SCWPM 116 unlisted) Without serials. Mihon overprint in blue. May be a fantasy/forgery alteration of Type 1. |
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