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1 Peso

Issuer Philippine National Bank, Bacolod Branch (Negros Occidental)
Year 1941
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Value 1 Peso
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Obverse description Plain light paper ground with a fine guilloche border along all four edges. The central text panel carries the issuing authority title in bold letterpress at the top, followed by the promise clause and denomination ONE PESO in large display type, with the series and serial number printed in red. The lower portion bears the printed signatures of the Acg. Manager of the PNB Bacolod Branch, the Provincial Fiscal as Member, and the Acting Provincial Auditor as Member of the Negros Occidental Currency Committee, with a circular official stamp at lower right.
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Reverse lettering ONE PESO
PHILIPPINE NATIONAL BANK
EMERGENCY CIRCULATING NOTE
Issued by authority of the President of the Commonwealth of the Philippines
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Comments

The Philippine National Bank's Negros Occidental emergency issues of 1941 were produced under genuine wartime duress. Following the Japanese invasion, several provincial branches were authorized to issue their own emergency currency independently, as the Manila central operations became inaccessible. The Bacolod branch was among the most prolific of these issuers, and Negros Occidental's notes circulated alongside those from other provinces in a fragmented, improvised monetary system that lasted until Japanese military scrip was forcibly imposed.

The S6xx series from this branch is reasonably documented, but individual denominations vary considerably in surviving quantity. Provincial paper from this period was printed on whatever stock was locally available, and quality is accordingly inconsistent across the series.

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