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5 Pesos

Issuer Province of Palawan, Brooke's Point
Year 1944
Type Standard circulation banknote
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Obverse description Typeset emergency guerrilla issue printed in blue ink on plain paper. The large numeral "5" appears at left and right, with multi-line text across the centre reading the issuing authority and a promise-to-pay clause referencing the Commonwealth of the Philippines. The note bears a handwritten date of May 27, 1944, serial number No. 2899 at upper left and right, and carries three manuscript signatures below with printed title designations.
Obverse lettering CIRCULATING PAPER BILL
No. 2899
May 27, 1944
No. 2899
THE PROVINCE OF PALAWAN WILL PAY
THE EQUIVALENT THEREOF
FIVE PESOS
Commonwealth of the Philippines
5
5
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Comments

One of the more obscure Philippine provincial emergency issues of the Japanese occupation period, this note was produced under the authority of the Province of Palawan rather than any central banking institution. Brooke's Point, on the southern tip of Palawan, was sufficiently isolated that local administrations had genuine practical need to produce their own currency — supply lines were severed, and Philippine Commonwealth guerrilla networks were operating largely independently of Manila.

Pick 950 places this within the broad wartime emergency series catalogued under Philippine provincial issues, but Palawan's geographic remoteness gives it a distinct character within that group. Survival rates for these improvised notes tend to be low; the paper quality was poor by necessity, and many were deliberately destroyed or abandoned as Japanese forces advanced.

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