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10 Pesos

Issuer Provincial Board of Mountain Province
Year 1942
Type Standard circulation banknote
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Obverse description Cream-coloured emergency note with a decorative floral and scroll border. The central text certifies deposit in the Philippine National Bank equivalent to TEN PESOS, with the denomination P10p repeated in each corner and 'SERIES A' printed at upper left and right. Signature lines for Provincial Governor, N.S. Vergara as Provincial Treasurer, Provincial Auditor, and Assistant Provincial Treasurer appear in the lower portion, with manuscript signatures present.
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Reverse description Plain cream-coloured reverse with a decorative scroll border matching the obverse. The denomination TEN PESOS and P10p appear at the corners and top centre, with a multi-line legal tender text in the centre authorising the note by the President of the Philippines and the Provincial Board of Mountain Province. A secondary notice states validity requires signatures of the Provincial Governor and Provincial Treasurer, countersignature by the Provincial Auditor, and the official seal of the Mountain Province.
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Comments

Mountain Province is one of the more obscure Philippine guerrilla issuers of the Second World War occupation period. While many provinces in Luzon issued emergency currency after the Japanese occupation disrupted the banking system, Mountain Province's notes were produced under the authority of the provincial board rather than a military unit — a civilian administrative continuity that was itself unusual given the circumstances on the ground.

The series is notoriously scarce. Much of the province's wartime paper was either destroyed in the field or never formally redeemed after liberation, leaving the surviving population with worthless notes and no recourse.

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