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2 Pesos Large heading

Issuer Provincial Board of the Mountain Province
Year 1942
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Value 2 Pesos
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Obverse lettering MOUNTAIN PROVINCE EMERGENCY NOTE THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE PHILIPPINE NATIONAL BANK THE EQUIVALENT OF TWO PESOS PAYABLE TO BEARER ON DEMAND
Reverse description Plain paper ground enclosed within a matching fleur-de-lis decorative border. The denomination TWO PESOS appears twice in large capitals, at the top and at the foot of the note, with the denomination prefix P2P repeated at each corner. The central text block sets out the legal authority and conditions of validity in letterpress, and the issuer name MOUNTAIN PROVINCE EMERGENCY NOTE is printed in bold across the lower centre.
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Comments

The Mountain Province guerrilla notes are among the more carefully documented Philippine emergency issues of the Japanese occupation. The Provincial Board of the Mountain Province — centered in Bontoc — operated with unusual administrative continuity during the occupation, which is why its currency program was organized enough to produce multiple denominations with distinguishable design variants. The "Large heading" designation for this Pick S596 separates it from a parallel 2 Pesos issue where the provincial title appears in smaller type — a distinction that matters for attribution and is easy to overlook on worn examples.

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