We investigate the possibility of hidden non-Abelian Local Phase symmetries in large-U doped planar Hubbard antiferromagnets, believed to simulate the physics of two-dimensional (magnetic) superconductors. We present a spin-charge separation ansatz, appropriate to incorporate holon spin flip, which allows for such a hidden local gauge symmetry to emerge in the effective action. The group is of the form \(SU(2)\otimes U_S(1) \otimes U_E(1)\), where SU(2) is a local non-Abelian group associated with the spin degrees of freedom, U_E(1) is that of ordinary electromagnetism, associated with the electric charge of the holes, and U_S(1) is a `statistical' Abelian gauge group pertaining to the fractional statistics of holes on the spatial plane. In a certain regime of the parameters of the model, namely strong U_S(1) and weak SU(2), there is the possibility of dynamical formation of a holon condensate. This leads to a dynamical breaking of \(SU(2) \to U(1)\). The resulting Abelian effective theory is closely related to an earlier model proposed as the continuum limit of large-spin planar doped antiferromagnets, which lead to an unconventional scenario for two-dimensional parity-invariant superconductivity.