5 Pesos

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.