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1 Peso

Issuer Mindanao Emergency Currency Board
Year 1943-1945
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Size 108 × 75 mm
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Obverse lettering 1 P E S O 1 1 P E S O 1 TREASURY EMERGENCY CURRENCY CERTIFICATE BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES THIS CERTIFIES THAT THE COMMONWEALTH GOVERNMENT OF THE PHILIPPINES WILL REDEEM THIS CERTIFICATE AT FACE VALUE UPON TERMINATION OF EMERGENCY SERIES 1944 ONE PESO MINDANAO EMERGENCY CURRENCY BOARD FLORENTINO SAGUIN CHAIRMAN F D PACANA I BARBASA MEMBERS
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Reverse lettering 1 P E S O 1 1 P E S O 1 ONE PESO ISSUED BY THE MINDANAO EMERGENCY CURRENCY BOARD PHILIPPINES THIS NOTE IS REDEEMABLE AT FACE VALUE AFTER THE EMERGENCY AND WILL NOT BE DEVALUATED OR DISCRIMINATED AGAINST KINING SAPIA KAILISAN SUMALA SA IYANG BILI TAPUS ANG KAGUBUT UG DILI KAKUBSAN NI KAAYRAN COUNTERFEITING OF THIS NOTE WILL BE SEVERELY PUNISHED MABUG-AT NGA SILOT IPAHAMTANG SA MAGA KAWAT PAG SUNDOG NING SAPIA ONE PESO
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Comments

The Mindanao Emergency Currency Board was one of several provincial guerrilla currency authorities that issued notes during the Japanese occupation of the Philippines. These boards operated with tacit backing from remaining U.S.-aligned Filipino resistance networks, printing emergency scrip to keep local economies functional and deny the Japanese military scrip a monopoly on exchange. Mindanao's relative geographic isolation, and the strength of guerrilla activity there under General Fertig, gave these notes more practical reach than those issued on more heavily occupied islands.

Paper supply was improvised throughout production. Some surviving examples show bleed from acidic local stock.

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