Japanese occupation (1942-1945)
10 Pesos Japanese Government

P-108 1942 Ten Pesos
Serial Number 0
Plate PE

Front:
Large 'X' at left, plantation at right

10
THE JAPANESE GOVERNMENT
10 PESOS
大内
臣臧　 府政國帝本日内

Translation:
Minister of Internal Affairs
Imperial Government of Japan

Back:
DECORATED FRAME, VALUE AT CENTER
10
TEN PESOS

“JAPWANCAP” Blue/Black Stamp
After the the 2. WW, there was still a lot of useless JIM money i the country. In 1953 the War Notes Claimants Association of the Philippines (JAPWANCAP) began to overprint all the bills left with one of four stamps.

During World War II, local Philippine governments and banks printed emergency circulating notes, known as "guerrilla pesos" or "guerrilla notes", to maintain the local economy and resist Japanese occupation forces. 
Crafted from crude paper, stamps, and vegetable inks, these illegal bills symbolized freedom but carried a death penalty risk if discovered by occupiers.

WW2 emergency money Philippines, guerrilla pesos, and Philippine resistance currency.
Production Methods: Local boards used scrap paper, woodcuts, and low-grade ink.
Regional Issuances: Distinct provincial notes came from Cebu, Bohol, Negros, and Iloilo.
Legal Status: Outlawed by the occupying Japanese and puppet government, but later redeemed post-war.
Collector Value: Highly sought-after historical artifacts and wartime memorabilia today

Registered Mail.