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10 Centavos

Issuer Mindanao Emergency Currency Board
Year 1943
Type Local banknote
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Obverse lettering TEN CENTAVOS Series 1943 TEN CENTAVOS 10 This certifies that the Commonwealth Government of the Philippines will redeem this Certificate at face value upon termination of Emergency TEN CENTAVOS MINDANAO EMERGENCY CURRENCY BOARD H FLORENTINO SAGUIN Chairman F. D. PACANA I. BARBASA Members
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Reverse lettering 10 TEN CENTAVOS 10 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 Counterfeiting of this Note will be severely punished 10¢ TEN ¢10
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Comments

The Mindanao Emergency Currency Board was one of several provincial bodies authorized to issue emergency guerrilla currency during the Japanese occupation of the Philippines. These notes circulated in areas still under effective Filipino-American resistance control, where Japanese Military Administration currency was rejected outright — or simply unavailable in sufficient quantity for local trade.

The three signatures here reflect a civilian board structure, not a military command, which was deliberate. Emergency issues signed by identifiable local officials carried more trust among the population than anonymous military scrip. Saguin's role as Chairman placed him at personal risk; collaboration charges cut both ways during the occupation.

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