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| 正面描述 | The obverse is printed in olive-green with a central arms vignette at centre, surrounded by the denomination numeral '2' repeated in each corner. The legend 'APAYAO LEGAL TENDER' arches across the top, with 'TWO PESOS' in large letters flanking the arms and the issuance authority text below. Two handwritten signatures appear at the lower left and lower right, with their respective titles of Treasurer, Auditor, and Deputy Governor inscribed beneath. |
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| 背面铭文 | EMERGENCY CERTIFICATE COMMONWEALTH OF THE PHILIPPINES MOUNTAIN PROVINCE TWO PESOS PAYABLE TO THE BEARER IN SILVER PESOS OR IN LEGAL TENDER CURRENCY OF THE UNITED STATES OF EQUIVALENT VALUE REDEEMABLE AFTER THE WAR |
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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.