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2 Pesos Large heading

Issuer Provincial Board of the Mountain Province
Year 1942
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Value 2 Pesos
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Obverse lettering MOUNTAIN PROVINCE EMERGENCY NOTE THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE PHILIPPINE NATIONAL BANK THE EQUIVALENT OF TWO PESOS PAYABLE TO BEARER ON DEMAND
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Reverse lettering TWO PESOS THIS NOTE IS ISSUED UNDER AUTHORITY OF THE PROVINCIAL BOARD OF THE MOUNTAIN PROVINCE DURING THIS EMERGENCY (RES. NO. 5. S. 1942) AND IS ONLY GOOD AND NEGOTIABLE WITHIN SAID PROVINCE NOT VALID UNLESS SIGNED BY THE PROVINCIAL GOVERNOR AND PROVINCIAL TREASURER AND COUNTERSIGNED BY THE PROVINCIAL AUDITOR AND SEALED WITH THE OFFICIAL SEAL OF THE MOUNTAIN PROVINCE MOUNTAIN PROVINCE EMERGENCY NOTE TWO PESOS
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Comments

The Mountain Province guerrilla notes are among the more carefully documented Philippine emergency issues of the Japanese occupation. The Provincial Board of the Mountain Province — centered in Bontoc — operated with unusual administrative continuity during the occupation, which is why its currency program was organized enough to produce multiple denominations with distinguishable design variants. The "Large heading" designation for this Pick S596 separates it from a parallel 2 Pesos issue where the provincial title appears in smaller type — a distinction that matters for attribution and is easy to overlook on worn examples.

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