This book documents Philippine Emergency and Guerrilla notes issued during the period of Japanese occupation of the Philippines during WWII, and provides relative rarity ratings throughout. For collectors of Philippine Emergency and Guerrilla currency, this catalog has a big numismatic impact as a consequence of the incredible numbers of notes presented, which are now 80 years old. As many scans as possible of the existing notes are presented here. Valuation guides or rarity ratings for notes are provided throughout. The book not only introduces notes issued by many provinces and the hundreds of municipalities, but also tells the background story of notes printed under difficult circumstances. It also reflects on the guerrilla fighters and the locals supporting them. It lists and cites decades of literature sources and state-of-the-art in investigation of Philippine currency notes issued during WW II. This Edition documents the well-known Philippine Emergency and Guerrilla currency and presents newly discovered notes to the collector community.