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5 Centavos

Issuer Negros Occidental Provincial Currency Committee
Year 1942
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Currency Philippine Peso (1903-date)
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Obverse lettering FIVE CENTAVOS
EMERGENCY CIRCULATING NOTE OF 1942
Issued by Authority of the President of the Philippines on January 20, 1942
The Commonwealth of the Philippines
WILL PAY TO THE BEARER ON DEMAND
FIVE CENTAVOS
IN LAWFUL CURRENCY OF THE PHILIPPINES
Negros Occidental Provincial Currency Committee:
PROV. TREAS., CHAIRMAN
ACTG. PROV. AUD. MEMBER
PROV. FISCAL MEMBER
For the Committee
SERIES OF 1942
CITY OF BACOLOD
JAN. 28, 1942
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Reverse lettering 5
5
CENTAVOS
CENTAVOS
FIVE
COMMONWEALTH OF THE PHILIPPINES
CENTAVOS


EMERGENCY CIRCULATING NOTE OF 1942
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Comments

Negros Occidental was one of several Philippine provinces that organized its own emergency currency after the Japanese occupation disrupted the Commonwealth monetary system in late 1941 and early 1942. The Provincial Currency Committee issues were explicitly provisional — intended to keep local commerce functioning until normal banking resumed, which everyone assumed would happen within months.

The Negros Occidental series is among the better-documented guerrilla currency issues in the Pick catalogue, produced locally with whatever printing resources the provincial administration could secure. Small denominations like this one circulated hardest and survived least.

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