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10 Centavos

Issuer Mindanao Emergency Currency Board
Year 1943
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Value 10 Centavos (0.10)
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Obverse description Typeset emergency certificate printed in black on buff paper, with a simple bamboo-stalk border framing the entire note. The denomination TEN CENTAVOS appears in large bold letters at centre, above the issuing authority MINDANAO EMERGENCY CURRENCY BOARD, with the series year and denomination numerals repeated along the top and bottom margins. A series letter H appears to the right, alongside a serial number and the printed signatures of the Chairman and two Members.
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Signature(s) Florentino Saguin (Chairman), F. D. Pacana and I. Barbasa (Members)
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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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