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10 Centavos

Issuer Mindanao Emergency Currency Board
Year 1943
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Value 10 Centavos (0.10)
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Reverse description Typeset reverse printed in black on buff paper, enclosed within a matching bamboo-stalk border. The upper portion carries the issuing authority legend in block capitals, while the central field presents the redemption and anti-counterfeiting pledges in a contrasting italic script. Denomination indicators in both numeral and word form appear along the top and bottom margins.
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Signature(s) Florentino Saguin (Chairman), F. D. Pacana and I. Barbasa (Members)
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Comments

The Mindanao Emergency Currency Board was one of several provincial bodies authorized to issue emergency guerrilla currency during the Japanese occupation of the Philippines. These notes circulated in areas still under effective Filipino-American resistance control, where Japanese Military Administration currency was rejected outright — or simply unavailable in sufficient quantity for local trade.

The three signatures here reflect a civilian board structure, not a military command, which was deliberate. Emergency issues signed by identifiable local officials carried more trust among the population than anonymous military scrip. Saguin's role as Chairman placed him at personal risk; collaboration charges cut both ways during the occupation.

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