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2 Pesos
| Issuer | Negros Occidental Currency Committee / Philippine National Bank |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | 2 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Typeset letterpress note printed in black on a light greenish guilloche underprint, with denomination numeral '2' repeated at all four corners in red. The circular seal of the Philippine National Bank is applied at right in black ink, overlaid with a red 'Negros Occidental' branch stamp. Three manuscript signatures appear at the bottom, attributed respectively to the Provincial Fiscal Member, the Acting Manager of the PNB Bacolod Branch as Chairman, and the Acting Provincial Auditor as Member, with the serial number printed in red. |
|---|---|
| Obverse lettering | PHILIPPINE NATIONAL BANK EMERGENCY CIRCULATING NOTE OF 1941 THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND TWO PESOS IN LAWFUL CURRENCY OF THE PHILIPPINES ISSUED BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES NEGROS OCCIDENTAL CURRENCY COMMITTEE SERIES OF 1941 PROV. FISCAL MEMBER ACTG. MGR. PNB. BACOLOD BRANCH CHAIRMAN ACTG. PROV. AUDITOR MEMBER |
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| Comments |
Negros Occidental was effectively cut off from the Philippine Commonwealth government after the Japanese invasion in late 1941, forcing provincial authorities to authorize their own emergency currency rather than operate without any functioning medium of exchange. The Currency Committee notes — printed locally by Filma Press in Bacolod — were a wartime expedient, not a sanctioned central bank issue, though they carried the Philippine National Bank imprint to lend them institutional weight.
Over twelve million pieces for a single 2-peso denomination is a substantial run for a provincial emergency press. Heavy circulation took its toll, and genuinely uncirculated survivors are uncommon.