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1 Peso Large heading
| Issuer | Mountain Province (Philippines) |
|---|---|
| Year | 1942 |
| Type | Log in to see details |
| Value | 1 Peso |
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| Composition | Log in to see details |
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| Obverse description | Black letterpress on white paper, with a decorative fleur-de-lis border running along all four edges. The large heading 'MOUNTAIN PROVINCE EMERGENCY NOTE' is set in bold display type at the top, flanked by 'P 1p' denomination indicators at each corner. The central text block certifies the deposit of the equivalent of one peso in the Philippine National Bank, payable to bearer on demand, with serial number printed twice at mid-level and signature lines below for the Provincial Governor, Provincial Treasurer, Provincial Auditor, and Assistant Provincial Treasurer. |
|---|---|
| Obverse lettering | MOUNTAIN PROVINCE EMERGENCY NOTE THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE PHILIPPINE NATIONAL BANK THE EQUIVALENT OF ONE PESO PAYABLE TO THE BEARER ON DEMAND |
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| Comments |
Mountain Province was one of several Philippine administrative regions that issued its own emergency guerrilla currency after the Japanese occupation disrupted central banking in 1942. These locally produced notes were authorized under the Commonwealth government-in-exile framework and functioned as a practical workaround for communities cut off from Manila's supply of legal tender. The province's rugged terrain — the Cordillera highlands — actually helped sustain a functioning resistance economy longer than lowland areas.
The "Large heading" designation distinguishes this from a later printing variant with a reduced title block, a difference almost certainly caused by a change in the locally available type or printing equipment mid-issue.