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1 Peso

Issuer Province of Negros Occidental
Year 1942
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Value 1 Peso
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Obverse description Black letterpress text on a light paper ground with a fine guilloche underprint pattern. The central denomination ONE PESO is set in large bold type, flanked by the word PESO repeated at left and right margins, with numeral 1 at each corner. The full bearer payment text, series date January 13, 1942, serial number, and two countersigned manuscript signatures with printed titles Prov. Auditor and Provincial Treasurer appear in the lower portion.
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Reverse description Plain black letterpress printing on a light guilloche underprint ground. The central legend ONE PESO is printed in large bold capitals, with the word PESO printed vertically at both the left and right margins and the numeral 1 placed at each of the four corners. A fine geometric border frames the entire face.
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Comments

Negros Occidental issued its own emergency currency in 1942 after the Japanese invasion severed the island from Manila's banking infrastructure. The provincial government authorized a series of guerrilla notes to maintain local commerce — this 1 Peso is part of that series, produced locally under occupation conditions by Nalco Press rather than any established security printer.

These notes circulated alongside similar provincial issues from other Philippine islands, all operating outside Japanese-controlled channels. Nalco had no background in banknote production, and the printing quality reflects that.

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