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5 Pesos

Issuer Provincial Board of Mountain Province
Year 1942
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Currency Philippine Peso (1903-date)
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Reverse description The reverse is printed in pale ochre-gold on light paper, enclosed within a simple rectangular border with denomination markers P5 at each corner. Two bold lines reading FIVE PESOS frame a central text block in smaller type that declares the note issued by authority of the President of the Philippines and the Provincial Board of Mountain Province, and legal tender if signed by the Provincial Governor and Provincial Treasurer and countersigned by the Provincial Auditor, sealed with the official seal of the Mountain Province. A central line in larger capital letters reads MOUNTAIN PROVINCE EMERGENCY NOTE.
Reverse lettering FIVE PESOS
THIS NOTE IS ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES AND THE PROVINCIAL BOARD OF THE MOUNTAIN PROVINCE AND IS DECLARED LEGAL TENDER
IT IS VALID ONLY WHEN SIGNED BY THE PROVINCIAL GOVERNOR AND PROVINCIAL TREASURER AND COUNTERSIGNED BY THE PROVINCIAL AUDITOR AND SEALED WITH THE OFFICIAL SEAL OF THE MOUNTAIN PROVINCE
MOUNTAIN PROVINCE EMERGENCY NOTE
FIVE PESOS
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Comments

Mountain Province was one of several Philippine civil administrations that issued emergency guerrilla currency after the Japanese occupation cut off access to Commonwealth-issued notes. The Provincial Board had legal authority to authorize local scrip, and these issues were intended to keep civilian commerce functioning in the Cordillera highlands, where Japanese control was thin and contested throughout much of 1942.

The S603 designation places this within the broader Philippine guerrilla currency series — a category notorious for forgeries both contemporary and modern. Provincial issues from Mountain Province are among the harder ones to authenticate, partly because production standards varied and surviving documentation on authorized print runs is sparse.

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