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5 Pesos
| Issuer | Province of Ilocos Norte, Emergency Treasury |
|---|---|
| Year | 1942 |
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| Reference(s) | P#S297 |
| Obverse description | Emergency Treasury Certificate issued by the Commonwealth of the Philippines, Province of Ilocos Norte, dated June 15, 1942. The centre carries a large overprinted denomination numeral '5.0' in violet-purple ink, above which typewritten text certifies the authorisation of issuance by the President of the Philippines and its redeemability after the war. Three signature lines appear at the foot, attributed to the Provincial Treasurer, Provincial Auditor, and Governor, with the inscription 'SEVENTH SERIES' and 'FIVE PESOS' at the lower margin. |
|---|---|
| Obverse lettering | EMERGENCY TREASURY CERTIFICATE THE COMMONWEALTH OF THE PHILIPPINES PROVINCE OF ILOCOS NORTE Ilocos Norte, June 15, 1942 THIS IS TO CERTIFY THAT THE ISSUANCE of this emergency certificate for the amount of FIVE PESOS has been duly authorized by the President of the Philippines and is redeemable after the war. SEVENTH SERIES Prov. Treasurer Prov. Auditor Governor FIVE PESOS |
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| Comments |
Ilocos Norte was among the Philippine provinces that issued emergency guerrilla currency following the Japanese occupation of 1942, authorized under a framework established by provincial governments and local military commanders to keep civilian economies functional after regular Commonwealth currency became scarce and increasingly hoarded. These notes were produced under improvised conditions — printing quality varies considerably across the series, and the paper stock used was whatever was locally available, which accounts for the wide range of paper weights and textures seen in surviving examples.
The S-prefix in the Pick reference designates this as a state or provincial emergency issue, not a central bank note. Ilocos Norte issues are among the more commonly encountered of the Philippine provincial emergency series, though genuinely uncirculated examples are unusual given wartime conditions.