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1 Peso Red seal
| Issuer | Negros Emergency Currency Board |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| 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 PHILIPPINES NEGROS EMERGENCY CURRENCY BOARD ACTG. TREAS.-MEMBER GOV.-CHAIRMAN PROV. AUD.-MEMBER |
| Reverse description | Log in to see details |
| Reverse lettering | ONE PHILIPPINES PESO 1 PESO 1 PESO ONE PESO ONE PESO |
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| Comments |
Negros Occidental operated outside Japanese-controlled banking infrastructure for much of the occupation, and the Emergency Currency Board notes were a deliberate administrative act by the provincial government to keep internal commerce functioning. The red seal distinguishes this issue from related Negros series and reflects internal security coding used to differentiate authorized emissions — counterfeiting of guerrilla currency was a genuine operational concern, not a theoretical one.
Montelibano was a prominent sugar industry figure whose involvement lent the issue real local credibility at a time when confidence in any paper was hard to sustain.