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5 Pesos

Issuer Province of Negros Occidental
Year 1942
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Value 5 Pesos
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Obverse description Plain unadorned note printed in brown on white paper stock with a fine guilloche underprint pattern. The upper portion carries the inscription COMMONWEALTH OF THE PHILIPPINES / PROVINCE OF NEGROS OCCIDENTAL, the date January 12, 1942, and SERIES OF 1942 in the upper corners. The central text reads PAY TO BEARER ON DEMAND THE SUM OF FIVE PESOS (Philippine Currency), with a further legend charging the amount against the deposit of the Provincial Treasurer of Negros Occidental with the Philippine National Bank, Bacolol Branch, accompanied by two signature lines for the Prov. Auditor and the Provincial Treasurer, and a serial number in the lower left.
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Reverse lettering FIVE PESOS
PESOS
5
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Comments

Negros Occidental was one of several Philippine provinces that issued its own emergency currency after the Japanese occupation severed normal banking operations in late 1941 and early 1942. These provincial guerrilla notes — sometimes called "guerrilla pesos" or "emergency notes" — were authorized under the Commonwealth government's emergency powers and circulated alongside, and in direct competition with, Japanese-issued military pesos, which local populations increasingly distrusted.

The province's notes were printed under difficult conditions with limited materials, and paper quality varied considerably across printings. Counterfeiting of emergency issues was a documented problem throughout the Visayas region during the occupation years.

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