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20 Pesos
| Issuer | Negros Emergency Currency Board |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Philippine Peso (1903-date) |
| Composition | Log in to see details |
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| Obverse description | The obverse is laid out on plain paper with a decorative floral and geometric border running the full perimeter. At the top centre, the legend 'Treasury Emergency Currency Certificate' is printed in letterpress, followed by an authorisation clause invoking the President of the Philippines and a promise to redeem at face value upon termination of emergency. The large denomination 'Twenty Pesos' appears in bold script at centre, with a circular official seal of the Commonwealth of the Philippines at right. Three signature lines at the bottom identify the Actg. Treasurer as Member, the Governor as Chairman, and the Prov. Auditor as Member, beneath the issuer name 'Negros Emergency Currency Board', with serial number and series date 'SERIES OF 1944' at upper right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 20 PESOS 20 PESOS Twenty Philippines Pesos |
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| Comments |
The Negros Emergency Currency Board was one of several provincial bodies authorized to issue guerrilla currency during the Japanese occupation of the Philippines. These notes were a deliberate act of economic resistance — Japanese military scrip was being forced into circulation, and local governments in unoccupied or partially contested areas printed their own paper to keep civilian commerce functional and deny the occupation administration fiscal control.
Negros Occidental remained a significant center of guerrilla activity through 1944, and the currency issued there had genuine backing from local agricultural and commercial assets rather than being purely fiat. Many surviving examples show heavy use — these notes actually circulated, unlike some emergency issues that were hoarded or captured before reaching the public.