5 pesos 1942

Common. The eBay market data shows multiple examples trading in the $2.49 to $13.73 range for circulated examples, with the Fine condition example priced at $2.95 USD. These price points, well below $20, strongly indicate this is a common note among collectors. Emergency currency from the Bohol Emergency Currency Board was produced in sufficient quantities for circulation, and many examples survive today. While the specific Bohol board issuance holds regional historical interest, the Pick P-S136d designation indicates this was a cataloged regular issue rather than a limited emergency print run.

Issued during the Japanese occupation of the Philippines in World War II, this emergency currency certificate represents the Commonwealth government's attempt to maintain monetary control and economic function under extraordinary wartime circumstances. The Bohol Emergency Currency Board's issuance from Taugularan reflects regional financial administration during a period when normal banking systems were disrupted, and the redemption clause promising face value upon termination of the emergency underscores the temporary nature of these certificates. The note's English-language instructions and official governmental seals demonstrate the continuation of American-influenced Philippine administrative structures even under occupation stress.

This Treasury Emergency Currency Certificate features a utilitarian design appropriate to its wartime emergency purpose, with no portraits or significant landmarks depicted. The ornamental security element consists of geometric border patterns in dark ink framing all four sides of the note on both obverse and reverse. The obverse displays a circular seal of the Commonwealth of the Philippines positioned on the right side, serving as the primary governmental authentication symbol. The reverse presents a simplified layout with centered text in a rectangular frame, emphasizing the denomination and issuing authority. The note includes spaces for three official signatures (Acting Provincial Treasurer, Provincial Auditor as Chairman, and Provincial Fiscal) and displays a red/orange serial number (842657) visible on both sides. Handwritten notations and signatures appear on the reverse, reflecting the administrative verification process.

FRONT SIDE: 'TREASURY EMERGENCY CURRENCY CERTIFICATE' / 'BY AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES' / 'THIS CERTIFIES THAT THE GOVERNMENT OF THE PHILIPPINES' / 'WILL REDEEM THIS CERTIFICATE OF 1942' / 'AT FACEVALUE UPON TERMINATION OF EMERGENCY' / 'FIVE PESOS' / 'PAYABLE TO THE BEARER ON DEMAND' / 'IN LAWFUL CURRENCY OF THE PHILIPPINES' / 'BOHOL EMERGENCY CURRENCY BOARD' / 'ACTING PROVINCIAL TREASURER MEMBER' / 'PROVINCIAL AUDITOR CHAIRMAN' / 'PROVINCIAL FISCAL MEMBER' / Serial Number: 842657. BACK SIDE: 'FIVE PESOS' / 'PHILIPPINES' / 'ISSUED BY THE BOHOL EMERGENCY CURRENCY BOARD' / 'TAUGULARAN, BOHOL'.

Letterpress printing on aged bond paper stock, typical of Philippine wartime emergency currency production. The note exhibits characteristics of rapid, economical printing methods necessitated by wartime conditions, with simple geometric border designs and straightforward typography. The red/orange serial numbers appear to have been applied separately, possibly through overprinting. No complex security features such as watermarks, security threads, or advanced color printing are evident, consistent with the emergency nature of the issuance.

This example is identified as Pick P-S136d, the specific variety designation for the Bohol Emergency Currency Board Five Pesos from 1942. The serial number 842657 in red/orange ink and the provincial official signatures (Acting Provincial Treasurer, Provincial Auditor, Provincial Fiscal) are consistent with this variety. The location 'TAUGULARAN, BOHOL' appears on the reverse, confirming the regional board of issuance. Variations among this variety may include different serial number ranges and signature combinations reflecting different official appointments during 1942.