WW2 Emergency Circulated Notes in the Philippines

(all photo credit to http://www.banknote.ws)


Emergency circulating notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These "guerrilla pesos" were printed by local government units and banks using crude inks and materials. Due to the inferior quality of these bills, they were easily mutilated.

The Japanese-sponsored Second Philippine Republic under President José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested or even executed.




APAYAO

(1942) "Eagle" Issue

(1942) "Arms" Issue











EMERGENCY SCRIPT OF THE PHILIPPINES
(1943) Issue

BOHOL
PHILIPPINE NATIONAL BANK
1942 "Official" Issue











1943 "Official" Issue







1942 "Illegal" Issue






CAGAYAN
1942 "Emergency Treasury Certificate" Issue




















ND "Payable After the War" Issue
"Palm Tree, Hut, Pine Tree"














ND "Emergency Peso Certificate" Issue
"Eagle"








"Eagle" & "Farmer Plowing with Bufallo"



"With Green Text"








AKLAN MILITARY
1942 "Emergency Bills" Issue
5 centavos
10 centavos



20 centavos

1 Peso



CEBU
PHILIPPINE NATIONAL BANK
1941 "Philippine National Bank - Emergency Circulating Note" Issue










"Without water mark"




1941 "Cebu Guerilla" Issue


1942 "Treasury Emergency Currency Certificate" Issue


CULION LEPER COLONY (PALAWAN)
1942 "Without Presidential Authority on Back" Issue







 1942 "With Presidential Authority on Back" Issue







ILOCOS NORTE
15.04.1942 "Treasury Certificate" Issue


04.05.1942 "Treasury Certificate" Issue



15.06.1942 "Treasury Certificate" Issue


ILOILO
PHILIPPINE NATIONAL BANK
1941 "Pre-Surrender" Issue




















1942 First "Dialosa Printing" Issue






1942 Second "Dialosa Printing" Issue
"Dark Brown"
"Light Brown"






1942 "Villalon Printing" Issue




1943 "Villalon Printing" Issue










1944 "Treasury Certificate" Issue




1944 "Dialosa Printing" Issue











LEYTE
LEYTE EMERGENCY CURRENCY BOARD
1942 "Treasury Emergency Currency Certificate" Issue




1943 "Provincial Board" Issue





LUZON
LUZON USAFFE GUERILLA ARMY FORCE
1942 Issue





MASBATE
MASBATE CONSOLIDATED MINING COMPANY
(1941) Issue


PROVINCE OF MASBATE
S459 1942 Issue




KKKK - Katipunan Sa Kaluwasan Sang Ka-Anakan Sang Kapupud-An
(Collective Security for the Salvation of a Family of Islands)
1942 Issue




MINDANAO
MINDANAO EMERGENCY CURRENCY BOARD
TREASURY EMERGENCY CURRENCY CERTIFICATE
1942 "First Series" Issue








1943 "First Series" 

1943 "Second Series" Issue















1943 "Third Series" Issue

















1944 "Fourth Series" Issue



















1944 "Fifth Series" Issue



































1945 Issue

















109th DIVISION USFIP
 1944 "Negotiable Receipt" Issue

MISAMIS OCCIDENTAL
PHILIPPINE NATIONAL BANK  
1942 "First Series" Issue




1942 "Second Series" Issue





















MOUNTAIN PROVINCE
1942 "Emergency Note" Issue














ND "Emergency Note" Issue









NEGROS OCCIDENTAL
PHILIPPINE NATIONAL BANK
1941 "First Emergency Circulating Note" Issue













1941 "Second Emergency Circulating Note" Issue
















COMMONWEALTH OF THE PHILIPPINES
13.01.1942 "Couponized Check" Issue















PROVINCIAL CURRENCY COMMITTEE
1942 "Emergency Circulating Note" Issue






























NEGROS ORIENTAL
COMMONWEALTH OF THE PHILIPPINES

19.03.1942 "Couponized Check" Issue





NEGROS EMERGENCY CURRENCY BOARD
1943 "Treasury Emergency Currency Certificate" Issue
















1944 "Treasury Emergency Currency Certificate" Issue






















1945 "Treasury Emergency Currency Certificate" Issue







FREE NEGROS
1943 "IV Philippine Corps" Issue






1943 "7th Military District" Issue




BROOKE's POINT (PALAWAN)
1943 "Resolution No. 18" Issue



1943 "Resolution No. 33" Issue






06,11,1943 Issue



29.05.1944 Issue








22.09.1944 Issue


23.10.1945 Issue



02.01.1945 Issue