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| 正面铭文 | 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 |
| 背面描述 | Typeset reverse in matching plain style with a ruled rectangular border and corner denomination numerals '10'. A bold ornamental header at top reads 'TEN CENTAVOS', beneath which the issuing authority legend is set in two lines. The central field carries an italicised redemption clause and an anti-counterfeiting warning in smaller letterpress text, with the word 'TEN' centred along the lower margin between decorative rules. |
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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.