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5 Centavos

Issuer Provincial Board of Mountain Province
Year 1942
Type Standard circulation banknote
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Reverse lettering FIVE CENTAVOS
P.05P
This Note is issued under Authority of the Provincial Board of the Mountain Province during this Emergency (Res. No. 5, S. 1942) and is only good and negotiable within said Province.
No 10891
MOUNTAIN PROVINCE
EMERGENCY NOTE
Not valid unless signed by the Provincial Governor and Provincial Treasurer and countersigned by the Provincial Auditor and sealed with the Official Seal of the Mountain Province.
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Protection type Embossed seal
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Comments

Mountain Province's wartime scrip was authorized by the Philippine Commonwealth government after the Japanese invasion disrupted the banking system and made standard currency nearly impossible to move through the northern Luzon highlands. Provincial boards were permitted to issue emergency notes to keep local commerce functioning — Mountain Province was among several that actually did so in 1942, before Japanese occupation authorities moved to suppress competing currency.

The embossed seal was the only available authentication method under field conditions. No sophisticated printing infrastructure existed in Bontoc.

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