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1 Peso

Issuer Katipunan sa Kaluwasan sang Ka-Anakan sang Kapupud-an, Masbate
Year 1944
Type Local banknote
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Obverse description Black letterpress on cream paper with a dark border frame enclosing corner numeral '1' devices. The issuing authority name in bold type occupies the upper central field, with the denomination 'ONE PESO' in large display lettering at centre. A red circular seal at right bearing the 'KKKK' monogram over a crossed-rifle-and-bolo vignette with a cog-wheel surround serves as the principal graphic device. A red serial number appears twice in the lower left and lower right areas.
Obverse lettering THIS IS AN ACKNOWLEDGEMENT THAT IN THE TREASURY OF THE KATIPUNAN SA KALUWASAN SANG KA-ANAKAN SANG KAPUPUD-AN ONE PESO THERE HAS BEEN DEPOSITED ITS EQUIVALENT IN LAWFUL PAPER CURRENCY OF THE PHILIPPINES REDEMABLE ON DEMAND ONE PESO
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Comments

The Katipunan sa Kaluwasan sang Ka-Anakan sang Kapupud-an was a guerrilla civil government organization operating on Masbate island during the Japanese occupation of the Philippines. Like most Philippine guerrilla currency of 1944, this note was produced under severe material constraints — local paper, rudimentary printing, and no access to secure ink or engraving facilities. The Pick S462 designation places it within the broader Philippine emergency currency issues catalogued for the occupation period.

Masbate's isolation in the Sibuyan Sea made it both difficult to supply and difficult for Japanese forces to fully control, which gave local resistance structures enough operational room to issue civil scrip. Whether this note saw genuine transactional use or functioned primarily as a psychological assertion of continued Philippine civil authority is not clearly documented.

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