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50 Centavos

Issuer Provincial Board of Mountain Province
Year 1942
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Value 50 Centavos
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Obverse lettering P.50
Mountain Province Emergency Note
This certifies that there has been deposited in the Philippine National Bank the equivalent of
FIFTY CENTAVOS
payable to bearer on demand
PROVINCIAL GOVERNOR
PROVINCIAL TREASURER
PROVINCIAL AUDITOR
ASST. PROV. TREASURER
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Reverse lettering P.50P
FIFTY CENTAVOS
This Note is issued under Authority of the Provincial Board of the Mountain Province during this Emergency (Res. No. S.S. 1942) and is only good and negotiable within said Province.
No 3569
MOUNTAIN PROVINCE EMERGENCY NOTE
Not valid unless signed by the Provincial Governor and Provincial Treasurer and countersigned by the Provincial Auditor and sealed with the Official Seal of the Mountain Province.
FIFTY CENTAVOS
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Comments

Mountain Province was one of several Philippine civil administrations that issued emergency guerrilla currency after the Japanese occupation disrupted normal banking in late 1941 and early 1942. These provincial notes were authorized under the Commonwealth government's emergency powers, which allowed local bodies to print their own scrip to keep commerce functioning in areas beyond Japanese control — or at least not yet fully under it.

The S-prefix in the Pick reference places this squarely in the Philippine emergency series. Survival rates vary wildly by province; Mountain Province examples tend to surface less frequently than lowland issues, partly due to the terrain and the difficulty of systematic redemption after liberation.

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