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2 Pesos

Issuer Mindanao Emergency Currency Board
Year 1943
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Currency Philippine Peso (1898-date)
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Obverse description Treasury Emergency Currency Certificate issued by authority of the President of the Commonwealth of the Philippines, Series 1943 D. The circular seal of the Commonwealth of the Philippines is positioned at left, flanked by guilloche side borders each bearing the denomination numeral '2'. The central text certifies government redemption at face value upon termination of the Emergency, with the issuer name MINDANAO EMERGENCY CURRENCY BOARD and three manuscript signatures of board members appearing below the denomination TWO PESOS.
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Reverse description Plain reverse with a decorative guilloche border running along all four edges and the numeral '2' repeated in each corner. The central field carries bilingual text in English and Visayan affirming the note's redeemability at face value after the emergency and warning against counterfeiting, with a manuscript signature across the denomination inscription TWO PESOS.
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Comments

The Mindanao Emergency Currency Board was one of several guerrilla and civilian resistance authorities that issued locally printed scrip during the Japanese occupation of the Philippines. These notes circulated in areas where Japanese Military Pesos were officially mandated — using them was an act of defiance with real consequences.

Production was improvised. Paper stocks, ink quality, and printing registration varied considerably across batches, and the three-signature requirement — Pacana, Saguins, and Barbasa — was a deliberate accountability measure for a board operating under occupation conditions.

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