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1 Peso
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Philippine Peso (1898-date) |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 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 1943 ONE PESO MINDANAO EMERGENCY CURRENCY BOARD FLORENTINO SAGUIN CHAIRMAN F. D. PACANA I. BARBASA MEMBERS |
| Reverse description | Log in to see details |
| Reverse lettering | 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 sapi-a 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 and municipal emergency currency authorities that sprang up across the Philippine islands after the Japanese occupation severed normal banking and supply chains. These locally issued guerrilla notes were explicitly backed by the authority of the Philippine Commonwealth government-in-exile and, by extension, the United States — a deliberate political statement as much as a monetary necessity.
Mindanao's remoteness and active guerrilla resistance meant these notes circulated in genuinely contested territory. Japanese forces treated possession of such notes as evidence of collaboration with resistance networks, making ordinary commerce with them a calculated risk.
Three signatories is slightly unusual for emergency issues of this type; most boards operated with two authorized signatures.