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5 Pesos Red seal

Issuer Negros Emergency Currency Board
Year 1944
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Value 5 Pesos
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Obverse lettering TREASURY EMERGENCY CURRENCY CERTIFICATE ISSUED BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES THIS CERTIFIES THAT THE COMMONWEALTH OF THE PHILIPPINES WILL REDEEM THIS CERTIFICATE AT FACE VALUE UPON TERMINATION OF EMERGENCY FIVE PESOS PAYABLE TO THE BEARER ON DEMAND IN SILVER PESOS OR IN LEGAL TENDER CURRENCY OF THE PHILIPPINES NEGROS EMERGENCY CURRENCY BOARD SERIES OF 1944
Reverse description Plain light blue-green ground with a bold red segmented rectangular border enclosing an inner frame. The denomination Five Philippines Pesos is printed in three lines of large red block letters at centre. Numeral 5 appears in the upper corners and the letter V in the lower corners, with PESOS running vertically along each side margin.
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Comments

The Negros Emergency Currency Board was one of several provincial currency authorities established in the Philippines after the Japanese occupation disrupted normal monetary channels. Negros Occidental operated with unusual administrative continuity under guerrilla governance, and its emergency issues were backed — at least nominally — by provincial funds rather than pure fiat authority.

The red seal on this series is a series distinguisher, not a security variant. Forgery of these provincial guerrilla notes was a real operational concern, and the Japanese military administration actively circulated counterfeit Philippine emergency currency to undermine confidence in resistance-backed money.

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