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Liberation of the Philippines: Two Guerilla Notes (Billfold)

Liberation of the Philippines: Two Guerilla Notes (Billfold)

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As World War II engulfed the Pacific, the Philippine archipelago became a fierce battleground. With the Japanese occupation cutting off the normal flow of currency, resistance forces and local governments in liberated zones had to improvise. They issued guerilla money—emergency peso notes hastily printed using whatever materials were available. These notes were often crafted on rudimentary presses with paper scavenged from any usable source.

Despite their crude construction, many of these guerilla notes bore symbols of resilience and hope. Some featured portraits of U.S. President Franklin D. Roosevelt and General Douglas MacArthur, the iconic American commander who famously vowed, “I shall return.” MacArthur had once served as Governor-General of the Philippines, and true to his word, he returned to help liberate the islands in 1944–45.

These rare banknotes are not just paper currency—they are physical remnants of a people’s defiance and determination. Every fold, every imperfection tells the story of the Filipino resistance and their fight for freedom in the face of overwhelming odds.

Each note in this billfold comes housed in a protective sleeve and includes historical documentation of its origin. These are genuine wartime artifacts—real money that once circulated in areas free from Japanese control, used by guerilla fighters, local civilians, and patriotic officials.

 

Details of This Unique Collection:
Historical Significance: These emergency notes were issued by Philippine guerilla fighters and provisional governments during World War II.
Authenticity: Each note is genuine wartime currency, carefully preserved and presented in a historical billfold.
Rarity: Few of these fragile guerilla notes survived the war, making them rare and valuable collectibles today.

 

Why Collect These Rare Guerilla Notes?
These notes are more than currency—they are symbols of hope and resistance. Issued under extreme conditions, they reflect the ingenuity and determination of those who fought for Philippine liberation.
This is a tangible piece of wartime history and a powerful tribute to the enduring spirit of the Filipino people.


Highlights of This Collection:

  • Issued in Wartime: Created during the Japanese occupation of the Philippines (1941–45)

  • Emergency Currency: Printed by guerillas and local officials in free provinces

  • Powerful Provenance: Associated with the liberation of the Philippines and MacArthur’s return

  • Fragile and Rare: Survival rate of these notes is extremely low