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10 Centavos Dotted border, series at right

Issuer Mindanao Emergency Currency Board
Year 1944-1945
Type Local banknote
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Obverse description Letterpress-printed emergency note in black ink on plain paper, with a dotted border framing the entire note. The central inscription TEN CENTAVOS in large bold letters is set above the issuer name MINDANAO EMERGENCY CURRENCY BOARD, with the redemption pledge text printed above in smaller type. To the lower right, the series date 1944 and serial number appear alongside the printed names of the Chairman FLORENTINO SAGUIN and Members F. D. PACANA and I. BARBASA, with a manuscript signature of the Chairman at lower left.
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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 TEN 10
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Comments

The Mindanao Emergency Currency Board was one of several provincial and local bodies that printed guerrilla currency during the Japanese occupation of the Philippines. These notes were produced to maintain a functioning local economy in areas under Filipino-American resistance control, deliberately kept out of Japanese hands and emphatically rejected by occupation-era military scrip.

The dotted border variant distinguishes this from otherwise similar issues in the S512 series — a subtle but cataloged difference that suggests sequential production runs under constrained printing conditions, where small design alterations marked new batches rather than new denominations.

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