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10 Centavos

Issuer Mindanao Emergency Currency Board
Year 1943
Type Standard circulation banknote
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Obverse lettering 10 TEN CENTAVOS Series 1943
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
FLORENTINO SAGUIN
Chairman
F. D. PACANA
BARBASA
Members
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Reverse lettering 10 TEN CENTAVOS
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 guerrilla fiscal authorities that sprang up across the Philippine islands following the Japanese occupation of 1942. These boards operated under American-aligned resistance networks, issuing locally printed scrip to keep civilian economies functioning in areas outside Japanese control — or at least beyond reliable Japanese enforcement. Mindanao's geography, with its interior mountain ranges and dispersed population, gave the resistance more room to operate than Luzon.

Three signatures appear on this note, which was unusual for emergency scrip of this denomination. Saguin's chairmanship is documented in resistance records, though the board's precise organizational structure shifted as the occupation intensified.

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