Reference: "Philippine emergency and guerrilla currency of World War II" by Shafer Neil.
Cebu is a long, narrow province in the central Philippines between Negros and Bohol. It was at Cebu City that the seat of government for the Philippine Commonwealth was established after the fall of Manila to Japanese forces at the end of 1941. Here the government authorized emergency paper currency, mostly to meet the expenses of sustaining its armed forces.
This issue is rather well printed and shows better techniques of currency manufacture. Many features are clearly defined. The 1 Peso was never hard to find except in choice condition. Most of the rest used to be more difficult to obtain until the big hoard appeared; since then just about all have been much more readily available, and generally in decent condition. Issuing body was the Cebu Currency Committee.
General Characteristics:
Face: Plate print, three printed signatures of the Committee as follows:
-S.C. Miranda, Actg. Manager P.N.B. Cebu, Chairman
-F.I. Reyes, Fiscal, Member
-R.T. del Bando, Auditor, Member
Lowest four values have one red printed serial number; the rest( 1 Peso and higher ) have two. Title is EMERGENCY CIRCULATING NOTE OF 1941.
Back: Plate print, place of issue and date shown.
Paper: Yellow for the four low values, rather heavy white for the rest.
What I'm going to share are only the larger denomination since I have not acquired yet the lower denominations which includes the 5c, 10c, 20c, and 50c.
1 Peso:
Size: 128/59mm.
Colors: Blue face, light orange back. Design of this note closely follows the 1917 PNB emergency note(refer for listings under PNB emergency note for info).
5 Pesos:
Size: 156-158/68-69mm.
Colors: Black print, green background. Paper for this note seems especially poor. A specimen with vertical watermark lines is reported.
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