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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 | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S501 |
| Obverse description | Single-sided emergency issue printed in brown by letterpress on plain paper. A typeset border of repeating ornamental vignettes frames the note, enclosing a central redemption pledge in which the Commonwealth Government of the Philippines undertakes to redeem the certificate at face value upon termination of the emergency; the denomination FIVE CENTAVOS is set in large bold type above and below this text. The issuer name MINDANAO EMERGENCY CURRENCY BOARD appears at the foot alongside manuscript signatures of Florentino Saguin as Chairman and D. Pacana and I. Barbasa as Members, with a serial number at the lower right. |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Florentino Saguin (Chairman), D. Pacana and I. Barbasa (Members) |
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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.