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5 Pesos

Issuer Negros Emergency Currency Board
Year 1943
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Value 5 Pesos
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Obverse description The obverse is laid out as a Treasury Emergency Currency Certificate, with a decorative geometric border running the full perimeter. The upper portion carries the heading 'Treasury Emergency Currency Certificate' followed by an authorization text issued by the President of the Commonwealth of the Philippines. The denomination 'FIVE PESOS' appears in large letters at center, below which a payability clause reads 'Payable to the bearer on demand in silver pesos or in legal tender currency of the Philippines'; a circular official seal of the Philippines is impressed at right, and the series date 'SERIES OF 1943' is printed at lower left above a serial number and three manuscript signatures with their respective titles.
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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.
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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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