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2 Pesos

Issuer Province of Negros Occidental, Commonwealth of the Philippines
Year 1942
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Value 2 Pesos
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Obverse description Cream paper emergency issue with a fine guilloche underprint filling the field. The heading 'COMMONWEALTH OF THE PHILIPPINES / PROVINCE OF NEGROS OCCIDENTAL' arches across the top, with the date 'January 13, 1942' and 'SERIES OF 1942' below. The central letterpress text reads 'PAY TO BEARER ON DEMAND THE SUM OF TWO PESOS (PHILIPPINE CURRENCY)', with the denomination '2 PESOS' repeated at left and right margins, and the lower portion carries the charge clause referencing the Provincial Treasurer and the Philippine National Bank, Bacolod Branch, followed by countersignature lines for the Acting Provincial Auditor and Provincial Treasurer.
Obverse lettering COMMONWEALTH OF THE PHILIPPINES
PROVINCE OF NEGROS OCCIDENTAL
January 13, 1942
SERIES OF 1942
PAY TO BEARER ON DEMAND THE SUM OF
TWO PESOS
(PHILIPPINE CURRENCY)
AND CHARGE AGAINST THE DEPOSIT OF THE PROVINCIAL TREASURER OF NEGROS OCCIDENTAL WITH THE PHILIPPINE NATIONAL BANK, BACOLOD BRANCH
Countersigned:
Actg. Prov. Auditor
Provincial Treasurer
TO THE PHILIPPINE NATIONAL BANK, BACOLOD BRANCH
PESOS
2
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Comments

Negros Occidental was one of several Philippine provinces that issued its own emergency currency after the Japanese invasion disrupted the normal banking system in late 1941. These guerrilla or "emergency" notes were authorized by local governments and military commanders to keep commerce functioning during occupation — a patchwork solution across an archipelago where Japanese military scrip and pre-war Commonwealth notes were both circulating simultaneously.

The Negros series is among the better-documented provincial issues, but survivorship varies sharply by denomination. Notes that actually circulated in the interior provinces took real wear fast; those printed in excess and held back tend to show up in far better shape than their wartime origins suggest.

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