2 Pesos Philippine Free Negros Military US  Army note

 

US Philippines NEGROS OCCIDENTAL Emergency Note 5, 10, 20, and 50 Centavos

Fine - Very Fine condition

 




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Commonwealth of the Philippines, Negros Occidental

January 1942 Couponized Check Issue


By January 1942 the shortage of small denomination currency was so acute that the Provincial Treasury experienced difficulty in paying government employees and salaried personnel found it difficult to cash their paychecks. To alleviate this situation the Provincial Board, On January 13, 1942, authorized the Provincial Board to issue couponized checks  in small denominations. They were made payable to bearer and were drawn in the deposits of the provincial government in the Philippine National Bank.

 

The couponized checks were printed by NALCO PRESS on white bond paper. They have printed facsimile signatures of Provincial Treasurer Nicolas Encarnacion and Acting Provincial Auditor Ceferino Ramos. Originally the centavo notes were of the same size and design as the peso notes were altered in design and printed in a smaller size.

 

When President Quezon authorized the provincial government to print emergency currency on January 20, further printing of these checks became unnecessary. (taken from Krause World (taken from Krause World Paper Money Catalogue )

 

ON GRADING

The grade I gave is just my opinion and may differ from others. Grading is subjective and not an exact science. Please take a look at the photo and grade it accordingly. Several subjective factors of personal preference may be considered different by others. These include paper texture, quality, color, folds, markings, stains and overall eye appeal.

 

ABOUT US PHILIPPINES BANKNOTES

 

I noticed that the catalogue value of the US Philippine notes have increased dramatically over the past 4 years. With the high demand for US Philippines Banknote, the supply in our county is getting scarcer even for the common ones. Even in our local and international auctions good bank notes seldom appear. Unlike coins which is easy to keep and preserve, paper money are demonetized and destroyed by the banks and with our humid climate these notes have deteriorated in time. Start buying now !!! These notes are good investment that I guarantee.  

Please take a look at the photo for best description.

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SHIPPING and PAYMENT:  We ship Internationally and accept PAYPAL. 

S/H anywhere in the world is $6.00 (Registered Mail).  We will combine shipping cost on items you will win.

S/H within Metro Manila is 100 pesos, Php 150 outside Metro Manila.

ACCEPTED PAYMENT: PAYPAL (will provide details after auction),  Bank Transfer or Deposit to our MetroBank Account