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5 Pesos
| Issuer | Province of Ilocos Norte |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 5 Pesos |
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| Composition | Log in to see details |
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| Obverse description | Printed in black letterpress on plain paper, with a large violet overprint of the numeral value at centre. The text body certifies the issuance of the emergency certificate for FIVE PESOS, authorized by the President of the Philippines and the Provincial Board of Ilocos Norte, redeemable after the war. Three manuscript signatures appear at the foot of the note, attributed to the Provincial Treasurer, Provincial Auditor, and Governor respectively, with the series designation SIXTH SERIES printed below the main text. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | EMERGENCY TREASURY CERTIFICATE No. D5174D By authority of the President of the Commonwealth of the Philippines and the Provincial Board of Ilocos Norte, I hereby order the issuance of this emergency certificate which for all intents and purposes is hereby declared legal tender. This certificate will be redeemed by the Province from its deposit of P500,000 in the Treasury of the Philippines. Refusal to accept this certificate is punishable by law. SIXTH SERIES Governor |
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| Comments |
One of several provincial emergency issues authorized during the Japanese occupation of the Philippines, this Ilocos Norte note was produced under the Commonwealth government-in-resistance framework that allowed provincial and local civil authorities to print their own emergency currency when the central supply was cut off. The practical problem was real: Japanese military scrip had flooded the market, and local commerce needed a functional medium of exchange that populations would actually accept.
Ilocos Norte issues from this period are notably scarcer than those from larger or more central provinces, largely because the region's wartime administration had fewer resources and shorter print runs.