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2 Pesos
| Issuer | Apayo, Sub-province of |
|---|---|
| Year | 1942 |
| 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 | APAYAO LEGAL TENDER TWO PESOS ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES TO MEET PRESCRIBED BUDGET TWO PESOS |
| Reverse description | The reverse is printed in olive-green with a guilloche border frame enclosing the central text block. A large numeral '2' appears at the left within a decorative panel, and 'EMERGENCY CERTIFICATE' is inscribed across the top. The denomination 'TWO PESOS' is set in bold letters at centre, with the redemption pledge text and serial number printed below. |
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| Comments |
Apayao was among the mountain sub-provinces of the Cordillera that issued emergency guerrilla currency during the Japanese occupation of the Philippines. These provincial notes were produced under extraordinary conditions — local officials authorizing scrip on whatever paper was available, backed by nothing more than the promise of a postwar Philippine government that had not yet reclaimed its territory.
The P#S112 series is genuinely rare. Apayao's population and administrative capacity were limited even in peacetime, and the quantity of notes produced was small. Most were redeemed, lost, or destroyed before liberation.