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5 Pesos

Issuer Philippine National Bank, Bacolod Branch (Negros Occidental)
Year 1941
Type Standard circulation banknote
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Obverse lettering PHILIPPINE NATIONAL BANK
EMERGENCY CIRCULATING NOTE OF 1941
SERIES OF 1941
THE PHILIPPINE NATIONAL BANK
WILL PAY THE BEARER ON DEMAND
V FIVE PESOS
IN LAWFUL CURRENCY OF THE PHILIPPINES
ISSUED BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES
NEGROS OCCIDENTAL CURRENCY COMMITTEE
Prov. Fiscal Member
Actg. Mgr. P.N.B. Bacolod Branch Chairman
Actg. Prov. Auditor Member
City Bacolod
Dec 1941
Reverse description Plain pale note with a uniform fine guilloche underprint across the entire field, enclosed by a simple rectangular border. The denomination V appears in the upper corners and numeral 5 in the lower corners. At center, bold letterpress text reads FIVE PESOS / PHILIPPINE NATIONAL BANK / EMERGENCY CIRCULATING NOTE, below which a smaller line states Issued by authority of the President of the Commonwealth of the Philippines. The overall design is austere, consistent with wartime emergency issue production.
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Comments

The Philippine National Bank's Negros Occidental emergency issues of 1941 were produced under wartime duress after the Japanese invasion severed normal banking operations and supply lines from Manila. The Bacolod branch, along with several other provincial PNB branches, was authorized to print its own emergency currency — a genuinely unusual situation in which a single bank's regional offices issued notes independently of one another, each with distinct local characteristics.

These Negros Occidental guerrilla-era notes are among the more historically loaded provincial issues of the Pacific War. Survival rates vary considerably by denomination, and the S614 series is notoriously prone to paper fragility from the wartime stock used.

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