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5 Centavos
| Issuer | Provincial Board of Mountain Province |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Horizontal emergency note printed in dark brown ink on plain paper, enclosed within an ornate scalloped and foliate border. The heading reads MOUNTAIN PROVINCE EMERGENCY NOTE with the denomination P.05 at each upper corner; the central text certifies that the equivalent of FIVE CENTAVOS has been deposited in the Philippine National Bank, payable to bearer on demand. Four manuscript signature lines are present for the Provincial Governor, Provincial Treasurer, Provincial Auditor, and Assistant Provincial Treasurer, with a violet cancellation stamp applied diagonally at right. |
|---|---|
| Obverse lettering | MOUNTAIN PROVINCE EMERGENCY NOTE P.05 FIVE CENTAVOS This certifies that there has been deposited in the Philippine National Bank the equivalent of FIVE CENTAVOS payable to bearer on demand PROVINCIAL GOVERNOR PROVINCIAL TREASURER Countersigned: By: PROVINCIAL AUDITOR ASST. PROV. TREASURER |
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| Comments |
Mountain Province's wartime scrip was authorized by the Philippine Commonwealth government after the Japanese invasion disrupted the banking system and made standard currency nearly impossible to move through the northern Luzon highlands. Provincial boards were permitted to issue emergency notes to keep local commerce functioning — Mountain Province was among several that actually did so in 1942, before Japanese occupation authorities moved to suppress competing currency.
The embossed seal was the only available authentication method under field conditions. No sophisticated printing infrastructure existed in Bontoc.