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2 Pesos

Issuer Negros Occidental Provincial Currency Committee
Year 1942
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Currency Philippine Peso (1898-date)
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Obverse description Blue and white emergency circulating note with a decorative guilloche border. At center-left, a vignette of a male portrait in profile faces right, flanked by the large numeral '2' on both sides; the central text block reads 'THE COMMONWEALTH OF THE PHILIPPINES WILL PAY TO THE BEARER ON DEMAND TWO PESOS IN LAWFUL CURRENCY OF THE PHILIPPINES.' A circular red official seal of the City of Bacolod is applied at the right, with three facsimile signature lines at lower center identifying the Provincial Fiscal Member, Provincial Treasurer Chairman, and Provincial Auditor Member.
Obverse lettering TWO PESOS
EMERGENCY CIRCULATING NOTE OF 1942
ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ON JANUARY 20, 1942
THE COMMONWEALTH OF THE PHILIPPINES
WILL PAY TO THE BEARER ON DEMAND
TWO PESOS
IN LAWFUL CURRENCY OF THE PHILIPPINES
NEGROS OCCIDENTAL PROVINCIAL CURRENCY COMMITTEE
SERIES OF 1942
Provincial Fiscal Member
Provincial Treasurer Chairman
Provincial Auditor Member
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Comments

Negros Occidental was one of several Philippine provinces that organized its own emergency currency after the Japanese occupation severed normal banking and commerce in early 1942. The Provincial Currency Committee issues were authorized locally and printed with whatever materials were available on the island — which accounts for the considerable variation in paper stock and printing quality seen across the series. These were functional instruments of a wartime parallel economy, not a formal banking system.

S647A is among the scarcer Negros Occidental denominations. Many notes from this committee were deliberately destroyed after liberation to prevent their use or counterfeiting in the postwar transition back to official Philippine currency.

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