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5 Pesos
| Issuer | Treasury of the Province of Masbate |
|---|---|
| Year | 1942 |
| Type | Standard circulation banknote |
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| Obverse description | Plain paper ground with a simple rectangular border frame. Central text block reads PROVINCE OF MASBATE in large display lettering, with FIVE PESOS below in bold capitals. A certificate legend at top states that deposits have been made with the Philippine National Bank to the official credit of the Treasury, and a redemption clause below the denomination reads REDEEMABLE TO THE BEARER IN SILVER PESOS OR IN LEGAL TENDER CURRENCY OF THE UNITED STATES OF EQUIVALENT VALUE. Two manuscript signatures appear at lower left and lower right, with the serial number 1679 hand-stamped in blue at right, and the date 1942 printed at lower left. The note is identified at the base as an EMERGENCY TREASURY CERTIFICATE. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain unprinted paper with a single circular blue ink stamp applied off-center, reading RECEIVED / PROVINCE OF MASBATE / PROVINCIAL AUDITOR with two star devices flanking the inner legend. The remainder of the reverse is blank. |
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| Comments |
Masbate Province issued its own emergency currency in 1942 under Japanese occupation, when the collapse of normal banking channels forced local Philippine provincial governments to produce guerrilla or civil emergency notes to keep basic commerce functioning. The Treasury of the Province of Masbate was one of dozens of such local authorities that stepped into the vacuum left by the fall of Manila and the disruption of the Philippine National Bank network.
Provincial emergency notes from the Visayas and Bicol regions — Masbate sits between both — are among the more difficult wartime Philippine issues to attribute cleanly, as record-keeping was improvised and print runs were small. S459 survivors tend to show heavy use, consistent with actual circulation rather than hoarding.