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5 Pesos

Issuer Province of Palawan, Brooke's Point
Year 1944
Type Standard circulation banknote
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Reverse description The reverse is printed in blue ink and dominated by the large peso sign with numeral "P5" at left and the Roman numeral "V" repeated at upper right and lower left as denomination indicators. A circular official ink stamp of Brooke's Point, Palawan is applied at centre, with a manuscript signature above the printed legend "Municipal District Treasurer" and the word "RECEIVED" at the base of the stamp.
Reverse lettering P5
V
V
BROOKE'S POINT, PALAWAN
Municipal District Treasurer
RECEIVED
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Comments

One of the more obscure Philippine provincial emergency issues of the Japanese occupation period, this note was produced under the authority of the Province of Palawan rather than any central banking institution. Brooke's Point, on the southern tip of Palawan, was sufficiently isolated that local administrations had genuine practical need to produce their own currency — supply lines were severed, and Philippine Commonwealth guerrilla networks were operating largely independently of Manila.

Pick 950 places this within the broad wartime emergency series catalogued under Philippine provincial issues, but Palawan's geographic remoteness gives it a distinct character within that group. Survival rates for these improvised notes tend to be low; the paper quality was poor by necessity, and many were deliberately destroyed or abandoned as Japanese forces advanced.

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