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|---|---|
| 正面铭文 | FIVE CENTAVOS SERIES 1943 FIVE CENTAVOS THIS CERTIFIES THAT THE COMMONWEALTH GOVERNMENT OF THE PHILIPPINES WILL REDEEM THIS CERTIFICATE AT FACE VALUE UPON TERMINATION OF EMERGENCY FIVE CENTAVOS MINDANAO EMERGENCY CURRENCY BOARD FLORENTINO SAGUIN CHAIRMAN F. D. PACANA L. BARBASA MEMBERS FIVE CENTAVOS FIVE CENTAVOS |
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| 背面铭文 | FIVE CENTAVOS 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 FIVE |
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The Mindanao Emergency Currency Board was one of several provincial and municipal bodies that issued guerrilla currency across the Philippine islands during the Japanese occupation. These notes were produced under significant material constraints — paper, ink, and printing equipment were improvised or scrounged — and their circulation was fundamentally an act of defiance, keeping a functioning economy alive in territory where Japanese military scrip was either rejected or unavailable.
The S481 series is among the more obscure Mindanao emissions. Signatories Saguin, Pacana, and Barbasa were local civil administrators operating under extraordinary circumstances, their names on the note carrying real legal and personal risk.