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10 Pesos
| Issuer | Negros Occidental Provincial Currency Committee |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
| Currency | Peso (1941-1945) |
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| Obverse description | Portrait vignette of President Manuel Quezon at left, with his name inscribed beneath in a label. A large ornamental banner scroll carries the issuer title across the upper centre, with the denomination in bold letterpress at centre. A circular red official seal dated "City of Bacolod, Jan. 26, 1942" is applied at right, and three manuscript signatures appear at the bottom, corresponding to the Provincial Fiscal, Provincial Treasurer, and Acting Provincial Auditor. A fine red typographic underprint covers the entire field with repeated text reading "Commonwealth of the Philippines" and provincial legends. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is dominated by a large V-shaped design at centre enclosing the denomination text, flanked on each side by bold upright numerals "10" and vertical "PESOS" inscriptions. The entire field is covered with a fine multicolour guilloche underprint in light blue and pink tones, and a geometric lathe-work border frames the note on all four sides. |
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| Comments |
Negros Occidental was one of several Philippine provinces that organized its own emergency currency after the Japanese occupation cut off the supply of Commonwealth pesos in late 1941 and early 1942. The Provincial Currency Committee issues were locally authorized, locally printed, and backed by whatever provincial treasury assets could be marshaled — a fragile but functional solution to an immediate economic collapse.
The Nalco Press print run of over twelve million notes for this denomination alone suggests aggressive issue relative to the island's population, which inevitably drove down purchasing power. Guerrilla-backed provincial currencies on Negros faced constant pressure from Japanese military scrip, and much of this series was eventually declared void or burned rather than redeemed.