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| 正面描述 | A spread-winged eagle vignette occupies the centre of the note, printed in blue on a plain paper ground within a simple ruled border. The issuing authority name 'APAYAO' appears at the top, with the wartime redemption clause 'Payable After the War' and the denomination '5¢' and 'FIVE-CVOS.' at the foot. Facsimile signatures of the Deputy Governor, Treasurer, and Auditor are inscribed below the central vignette. |
|---|---|
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| 背面描述 | 登录 以查看详情 |
| 背面铭文 | APAYAO FIVE - CVOS 5¢ |
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| 防伪类型 | 登录 以查看详情 |
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Apayao was one of several sub-provinces in the Mountain Province of northern Luzon that issued emergency guerrilla currency during the Japanese occupation. These locally produced notes filled the vacuum left when official Philippine Commonwealth currency was either hoarded, destroyed, or declared worthless by the occupying administration. The S100-series Apayao notes are among the more obscure Philippine emergency issues — documentation on their precise printing and authorization chain is thin, which is characteristic of guerrilla currency produced under wartime improvisation rather than formal banking infrastructure.
The S102 specifically is rarely encountered in any grade.