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1 Peso

Issuer Municipality of Zamboanga (Province of Zamboanga)
Year 1942
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Shape Rectangular
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Obverse description Printed entirely in red letterpress on plain paper stock, this wartime emergency note carries a promissory text layout with no vignette or decorative underprint. The serial number and series letter 'C' appear in the upper left, with the denomination '₱1.00' repeated in the upper right and lower left corners. The central text block addresses payment to the Bank of the Philippine Islands, Zamboanga Branch, with signature lines for Cashier and Agent at the bottom.
Obverse lettering No° 0008 C ₱1.00
TO THE BANK OF THE PHILIPPINE ISLANDS
ZAMBOANGA BRANCH
Zamboanga P. I. 1942
Pay to BEARER the sum of ONE PESO (₱1.00).
THE PHILIPPINE NATIONAL BANK
By
CASHIER AGENT
(Void if not deposited within 90 days)
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Comments

One of numerous municipal emergency issues that proliferated across the Philippine provinces following the Japanese invasion in late 1941 and early 1942. When Japanese forces disrupted the established financial system and Commonwealth currency became scarce or hoarded, local governments — municipalities, provinces, and guerrilla commands alike — printed their own scrip to keep commerce moving. Zamboanga's issue was produced locally under occupation-era conditions, which typically meant rudimentary printing equipment and whatever paper stock was available.

The Japanese military administration officially outlawed guerrilla and municipal scrip, making possession of such notes a serious risk for holders.

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