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2 Pesos

Issuer Province of Palawan
Year 1943
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Shape Rectangular
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Obverse description Emergency circulating paper bill issued by the Province of Palawan, dated March 15, 1943, with a serial number at upper left and upper right. The central text reads 'THE PROVINCE OF PALAWAN WILL PAY THE BEARER ON DEMAND / TWO PESOS / In Lawful Currency of the Philippines', authorized by Resolution No. 24, s. 1943 of the Provincial Board. The note bears three manuscript signatures at the bottom for the Provincial Governor, Provincial Treasurer, and Provincial Auditor, with a faint circular underprint vignette at center, all within a border of repeated '2' numerals.
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Reverse description The reverse is a show-through of the obverse text printed in mirror image, characteristic of thin wartime emergency paper. A large bold numeral '2' is overprinted at center as a denomination indicator, with the repeated '2' numeral border visible along the top and bottom edges.
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Comments

Philippine provincial emergency currency was authorized under Japanese occupation, but Palawan's guerrilla-aligned civil administration issued its own notes in defiance of the occupying forces rather than in cooperation with them. The Province of Palawan remained one of the more persistently resistant areas in the archipelago throughout 1943, and these notes functioned as instruments of a parallel local economy operating alongside — and against — the Japanese-imposed Mickey Mouse money.

Survival rates for Palawan's wartime provincials are low. The island's remoteness, combined with the destruction that accompanied liberation operations in 1944–45, accounts for that scarcity.

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