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1 Peso
| Issuer | Negros Emergency Currency Board |
|---|---|
| Year | 1944 |
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| Value | Log in to see details |
| Currency | Philippine Peso (1944-1944) |
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| Obverse description | The obverse is printed in red on pale paper, enclosed within a decorative border of repeated ornamental devices. The title "Treasury Emergency Currency Certificate" appears at the top, above a block of text invoking the authority of the President of the Philippines and pledging redemption at face value upon termination of emergency. The large central denomination legend "ONE PESO" is set in bold letterpress type, flanked by the issuer's name "Negros Emergency Currency Board" in script, with a circular official seal affixed at the right and three manuscript signatures below, identified by printed titles as Acting Treasurer, Governor/Chairman, and Provincial Auditor. |
|---|---|
| Obverse lettering | Treasury Emergency Currency Certificate Issued by authority of the President of the Philippines This certifies that the Commonwealth of the Philippines will redeem this certificate at face value upon termination of emergency SERIES OF 1944 ONE PESO Payable to the bearer on demand in silver pesos or in legal tender currency of the Negros Emergency Currency Board Actg. Treasurer MEMBER Governor CHAIRMAN Prov. Auditor MEMBER |
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| Comments |
The Negros Emergency Currency Board was one of several provincial guerrilla governments that issued currency during the Japanese occupation of the Philippines. Negros Occidental maintained a functioning civil administration backed by American officers and Filipino resistance forces, and these notes were a deliberate assertion of continued legitimacy under Commonwealth authority — not a stopgap improvisation, but a coordinated wartime financial system.
S672 is among the lower denominations in the Negros 1944 series. Provincial emergency issues vary considerably in surviving quality because wartime paper stocks were inconsistent and storage conditions during the occupation were harsh. Counterfeits made by Japanese-sponsored authorities to undermine guerrilla economies are a documented problem across Philippine emergency issues generally.