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10 Pesos

Issuer Mindanao Emergency Currency Board
Year 1943-1945
Type Emergency banknote
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Reverse description Printed in brown on plain paper, the reverse is enclosed within a decorative scalloped border with the denomination numeral 10 repeated in each corner. The issuing authority ISSUED BY THE MINDANAO EMERGENCY CURRENCY BOARD and PHILIPPINES appear at the top, followed by a central bilingual redemption text in English and Visayan (Cebuano), and a warning against counterfeiting rendered in both languages. TEN PESOS is repeated at the top and bottom margins.
Reverse lettering TEN PESOS ISSUED BY THE MINDANAO EMERGENCY CURRENCY BOARD PHILIPPINES TEN PESOS THIS NOTE IS REDEEMABLE AT FACE VALUE AFTER THE EMERGENCY AND WILL NOT BE DEVALUATED OR DISCRIMINATED AGAINST KINING SAPI-A KAILISAN SUMALA SA UYANG BILI TAIPUS ANG KAGUBUT UG DILI KAKUBSAN NI KAAYRAN COUNTERFEITING OF THIS NOTE WILL BE SEVERELY PUNISHED MABUG-AT NGA SILOT IPAHAMTANG SA MAGA KAWAT PAG SUNDONG NING SAPIA TEN PESOS
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Comments

The Mindanao Emergency Currency Board was one of several Philippine provincial bodies that issued guerrilla currency during the Japanese occupation. These notes were produced under extraordinarily difficult conditions — paper stocks were improvised, printing equipment was whatever could be hidden or salvaged, and the entire operation carried real danger for those involved. Japanese forces actively sought to suppress guerrilla finance, and possession of these notes could mean death.

The S488 series is among the better-documented Mindanao issues, though attribution within the broader S480s range remains contested in specialist literature due to inconsistent overprint and serial numbering practices across different issuing localities.

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