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1 Peso
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1943-1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Obverse description | Black letterpress printing on plain paper within a decorative guilloche border. The Commonwealth of the Philippines seal appears at left, with the denomination ONE PESO in large bold type at centre and a handwritten signature of the Chairman to the right. The series date 1944 is printed at upper right, with the names of the Chairman and Members listed at lower left beneath the seal. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Black letterpress printing on plain paper within a decorative border. The centre is occupied by four paragraphs of bilingual text in English and Visayan (Cebuano), setting out the redemption pledge and penalties for counterfeiting. The denomination ONE PESO appears in bold type at both top and bottom of the note, with the numeral 1 repeated vertically along both side margins. |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial guerrilla currency authorities that issued notes during the Japanese occupation of the Philippines. These boards operated with tacit backing from remaining U.S.-aligned Filipino resistance networks, printing emergency scrip to keep local economies functional and deny the Japanese military scrip a monopoly on exchange. Mindanao's relative geographic isolation, and the strength of guerrilla activity there under General Fertig, gave these notes more practical reach than those issued on more heavily occupied islands.
Paper supply was improvised throughout production. Some surviving examples show bleed from acidic local stock.