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10 Pesos

Issuer Mindanao Emergency Currency Board
Year 1943
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Value 10 Pesos
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Obverse description The obverse is printed in reddish-brown ink on cream paper and carries a scalloped decorative border with corner numerals '10'. At upper centre, the heading 'Treasury Emergency Currency Certificate' appears above the authority line 'By Authority of the President of the Commonwealth of the Philippines'. A circular seal of the Commonwealth of the Philippines is impressed at the left, with the series designation 'Series 1943' and serial letter 'B' at right. The central text certifies redemption at face value upon termination of emergency, with 'TEN PESOS' and 'MINDANAO EMERGENCY CURRENCY BOARD' inscribed below; three facsimile signatures of the Treasurer, Chairman, and Member appear at the foot.
Obverse lettering TEN PESOS
Treasury Emergency Currency Certificate
BY AUTHORITY OF THE PRESIDENT OF THE
COMMONWEALTH OF THE PHILIPPINES
This certifies that the Commonwealth Government of the Philippines will redeem this Certificate at face value upon termination of Emergency
TEN PESOS
MINDANAO EMERGENCY CURRENCY BOARD
SERIES 1943
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Comments

The Mindanao Emergency Currency Board was one of several provincial emergency currency authorities that issued guerrilla money during the Japanese occupation of the Philippines. These notes circulated in territory still under Filipino and American resistance control, functioning as a parallel financial system to the Japanese-sponsored "Mickey Mouse" pesos being forced into use elsewhere on the islands.

Mindanao's geography — fragmented, heavily forested, difficult to occupy completely — made sustained guerrilla administration possible longer than most regions. The Japanese treated possession of guerrilla currency as evidence of resistance activity, making circulation genuinely dangerous for holders.

Many Mindanao emergency issues were deliberately destroyed by their owners when Japanese patrols approached.

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