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20 Centavos
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1943-1944 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black letterpress text on plain paper enclosed within a rectangular decorative border of repeated ornamental elements and scroll devices. The denomination 20¢ appears in each corner, with TWENTY CENTAVOS in bold type at top centre, the issuing authority and country name below, followed by two clauses in italic script stating the note's redeemability and warning against counterfeiting, and the word TWENTY at the foot. |
| Reverse lettering | 20¢ TWENTY CENTAVOS ¢20 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 TWENTY |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial and local bodies that issued guerrilla currency in the southern Philippines after the Japanese occupation disrupted normal banking. These notes circulated in direct defiance of Japanese military scrip, which occupying forces had declared the only legal tender — possession of guerrilla notes carried real risk for the holder.
The three-signature format — Chairman plus two Members — was typical of the board's accountability structure, unusual for emergency issues of this denomination. Saguin's name appears on the full series range.