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5 Pesos

Issuer Province of Ilocos Norte
Year 1942
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Value 5 Pesos
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Obverse lettering EMERGENCY TREASURY CERTIFICATE THE COMMONWEALTH OF THE PHILIPPINES PROVINCE OF ILOCOS NORTE Ilocos Norte, June 15, 1942 THIS IS TO CERTIFY THAT THE ISSUANCE of this emergency certificate for the amount of FIVE PESOS has been duly authorized by the President of the Philippines and is redeemable after the war. SEVENTH SERIES Prov. Treasurer Prov. Auditor Governor FIVE PESOS P 5.00
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Reverse lettering EMERGENCY TREASURY CERTIFICATE No. By authority of the President of the Commonwealth of the Philippines, I hereby order the issuance of this emergency certificate which for all intents and purposes is hereby declared legal tender. This certificate will be redeemed by the Commonwealth of the Philippines. Refusal to accept this certificate is punishable by law. SEVENTH SERIES Governor
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Comments

One of a series of emergency currency issues authorized by Philippine provincial governments following the Japanese invasion of December 1941. With the Commonwealth peso system disrupted and Japanese military scrip being forced into circulation, several northern Luzon provinces printed their own notes to keep local commerce functioning. Ilocos Norte was among the more organized of these issuers.

Provincial guerrilla-era notes from this region are frequently encountered with pen signatures that vary by signatory, making consistent attribution difficult. S297 is reasonably documented, but forgeries and wartime reproductions exist within the broader Philippine emergency issue category.

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