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5 Pesos

Issuer Negros Emergency Currency Board
Year 1943
Type Standard circulation banknote
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Reverse description The reverse is printed in a plain typographic style with a continuous decorative guilloche border enclosing the entire field. The denomination numeral '5' appears in each corner, with the vertical inscription '5 PESOS' running along both side margins. The central vignette consists of large bold letterpress text reading 'Five Philippines Pesos' arranged across three lines, with no additional imagery.
Reverse lettering Five
Philippines
Pesos
5 PESOS
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Comments

The Negros Emergency Currency Board was one of several provincial bodies that issued guerrilla currency in the Philippines following the Japanese occupation. Negros Occidental remained a center of significant resistance activity, and locally issued scrip allowed the anti-Japanese civil administration to function — paying soldiers, teachers, and local officials outside the Japanese-controlled monetary system.

Japanese military authorities declared possession of guerrilla currency a capital offense, which did nothing to stop its use but guaranteed that most surviving notes passed through hands that understood the risk. Notes from the 1943 Negros issues are genuinely scarcer than their print runs suggest for exactly that reason.

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