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10 Pesos

Issuer Mindanao Emergency Currency Board
Year 1945
Type Standard circulation banknote
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Obverse lettering TEN PESOS
Treasury Emergency Currency Certificate
BY AUTHORITY OF THE PRESIDENT OF THE
COMMONWEALTH OF THE PHILIPPINES
This certifies that the Commonwealth Government of the Philippines will redeem this Certificate at face value upon termination of Emergency
TEN PESOS
MINDANAO EMERGENCY CURRENCY BOARD
SERIES 1945
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Reverse lettering TEN PESOS
ISSUED BY THE
MINDANAO EMERGENCY CURRENCY BOARD
PHILIPPINES
TEN PESOS
This note is redeemable at face value after the emergency and will not be devaluated or discriminated against
Kining sapi-a kailisan sumala sa vyang bili tapus ang kagbut ug dili kakubsan ni kaayran
Counterfeiting of this note will be severely punished
Mabusrat nga silot ipahantang sa mga kawat peg sundog ning sapia
10 PESOS
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Comments

The Mindanao Emergency Currency Board was one of several guerrilla-backed fiscal authorities operating in the Philippine provinces during the Japanese occupation. These boards were explicitly authorized — and in some cases supplied — through channels connected to MacArthur's forces and the Commonwealth government-in-exile, giving the notes a quasi-official status that pure guerrilla scrip lacked. Japanese forces treated possession of such notes as evidence of resistance activity, making circulation genuinely dangerous for ordinary Filipinos.

Three signatories on a single guerrilla note is unusual and likely reflects a deliberate accountability structure imposed to deter forgery from within.

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