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2 Pesos
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1942 |
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| Value | Log in to see details |
| Currency | Peso (1941-1945) |
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| Obverse description | Letterpress-printed in black on plain paper, the note is framed by a continuous ornamental border of repeating typographic units. A circular red seal appears at left centre, with the large numeral '2' set in ornate cartouches at each corner; the central text block carries the denomination 'TWO PESOS' in bold capitals alongside the issuing authority and redemption pledge. Three manuscript signatures of board officials are positioned along the lower margin. |
|---|---|
| Obverse lettering | TREASURY EMERGENCY CURRENCY CERTIFICATE BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES THIS CERTIFIES THAT THE PHILIPPINE GOVERNMENT WILL REDEEM THIS CERTIFICATE AT FACE VALUE UPON TERMINATION OF EMERGENCY TWO PESOS PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES MINDANAO EMERGENCY CURRENCY BOARD |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial bodies that issued guerrilla currency after the fall of the Philippines to Japanese forces in 1942. These notes were produced under occupation conditions to sustain local economies in areas where Filipino and American resistance remained active — Mindanao being one of the last regions to fall and among the most persistently contested.
Genuinely circulated examples are common; the paper stock and printing conditions were crude by necessity. What matters to collectors is the issuing authority's stamp integrity and whether the serial numbering is clear, as counterfeits — some contemporary, some modern — are a known problem across the entire Philippine guerrilla currency series.