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5 Centavos
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1903-1949) |
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| Obverse description | Log in to see details |
|---|---|
| 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 D. PACANA I. BARBASA Members |
| Reverse description | Log in to see details |
| 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 5¢ 5¢ |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial issuing bodies established during the Japanese occupation to maintain a functional local economy after regular Philippine currency became disrupted or hoarded. Mindanao's geographic isolation from Luzon made independent emergency issuance both practical and necessary. These notes circulated alongside Japanese Military Pesos in an uneasy parallel, and their acceptance was largely a matter of local trust rather than any formal monetary authority.
The three signatures — Chairman Saguin plus two board members — reflect the committee structure mandated for emergency issues to prevent unilateral control. Guerrilla-linked boards sometimes used this same framework as a legitimizing device.