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| 正面描述 | The Commonwealth of the Philippines coat of arms is printed at the upper left within a plain rectangular border. The denomination ONE PESO is set in large bold letterpress type at centre, accompanied by a serial number to its right, with the issuance legend and series date printed below. Three manuscript signatures appear across the lower portion, each identified by title — Acting Provincial Auditor (Member), Provincial Treasurer (Chairman), and Acting Provincial Governor (Member). |
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| 背面铭文 | ONE PESO PHILIPPINE NATIONAL BANK CIRCULATING NOTE Series of 1942 |
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The Zamboanga Currency Committee was one of several local emergency currency bodies that sprang up across the Philippine Islands in 1942 following the Japanese invasion and the collapse of normal banking operations. With Commonwealth and Philippine National Bank notes rapidly becoming scarce or hoarded, provincial and municipal committees were authorized — informally or otherwise — to issue their own scrip to keep local commerce moving.
Zamboanga, on the western tip of Mindanao, remained a contested zone through much of the occupation period. Notes issued there faced an uncertain lifespan: redemption was never guaranteed, and many series were simply abandoned when guerrilla administrations collapsed or surrendered. Survival rates vary sharply by issue date within the 1942 series.