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1 Peso

Issuer Province of Palawan
Year 1943
Type Local banknote
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Obverse description Plain white note printed in blue-black letterpress text throughout. The heading reads CIRCULATING PAPER BILL with the date and authorization details centered at top, flanked by serial numbers at left and right. The promise to pay ONE PESO in lawful currency of the Philippines is set in the center field, with two solid rectangular bars flanking the denomination area. Three manuscript signatures appear at the bottom with printed titles identifying the Municipal District Mayor, Municipal District Treasurer, and Member.
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Reverse description Plain white reverse with a large bold letterpress numeral ₱1 at left serving as the primary denomination indicator. To the right, a circular handstamp reads BROOKE'S POINT, PALAWAN — RECEIVED, enclosing a manuscript countersignature identified as E. A. Villapa, Municipal District Treasurer.
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Comments

One of dozens of emergency circulating notes issued by Philippine provincial governments following the Japanese occupation of Manila in early 1942. With the Commonwealth government displaced and the banking system severed, individual provinces were left to finance local administration and commerce independently. Palawan, geographically isolated in the western Philippines, had particular reason to operate autonomously — the island remained a site of active Allied presence and guerrilla resistance throughout the occupation.

Three signatures rather than the more common two reflects the provincial treasurer and auditor system still functioning under wartime conditions. Survival rates for Palawan guerrilla currency are lower than for many Visayan issues.

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