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20 Centavos
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1944-1945 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1941-1945) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Typeset reverse printed in black, enclosed within a decorative scrollwork border. The denomination TWENTY CENTAVOS is set in bold capitals at the top centre, flanked by the denomination numerals 20¢ and ¢20 at the corners, followed by the issuing authority in uppercase. The body of the note carries two italic-script clauses guaranteeing redemption at face value and threatening severe punishment for counterfeiting, with the word TWENTY repeated in bold at the foot. |
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| Signature(s) | Florentino Saguin (Chairman), D. Pacama and Barbasa (Members) |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial civilian bodies that issued guerrilla currency during the Japanese occupation of the Philippines — notes produced specifically to keep local economies functioning outside Japanese military scrip. Mindanao's geography, with its mountainous interior and dispersed population, made it one of the more viable regions for sustained resistance, and that resistance needed a working medium of exchange.
Three signatories on a low-denomination note is unusual and reflects the board structure imposed by the civil affairs framework operating under USAFFE authority in the southern islands. The S-prefix Pick designation marks it as an emergency or siege issue, not a government-backed central bank note.