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5 Centavos

Issuer Mindanao Emergency Currency Board
Year 1943
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Currency Peso (1903-1949)
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Obverse lettering FIVE CENTAVOS
Series 1943
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
I. BARBASA
Members
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Reverse lettering FIVE CENTAVOS
ISSUED BY THE MINDANAO EMERGENCY CURRENCY BOARD
PHILIPPINES
This note is redeemable at face value after the emergency and will not be devalued or discriminated against
Counterfeiting of this Note will be severely punished

FIVE
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Comments

The Mindanao Emergency Currency Board was one of several provincial emergency issuers that operated in the southern Philippines following the Japanese invasion of 1941–42, printing local scrip to keep commerce functioning after regular Philippine Commonwealth currency became scarce or hoarded. Mindanao's relative geographic isolation gave these boards slightly longer operational windows than their Luzon counterparts before Japanese occupation authorities moved to suppress guerrilla-linked issuers.

Three signature positions were required for validity — a structural safeguard against unilateral misuse of the printing authority. Surviving examples tend to show heavy circulation wear; these notes were used, not saved.

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