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20 Pesos
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1942 |
| 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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| Shape | Rectangular |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TREASURY EMERGENCY CURRENCY CERTIFICATE BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES THIS CERTIFIES THAT THE PHILIPPINE GOVERNMENT WILL REDEEM THIS CERTIFICATE AT FACE VALUE UPON TERMINATION OF EMERGENCY TWENTY PESOS PAYABLE TO THE BEARER ON DEMAND IN LAWFUL CURRENCY OF THE PHILIPPINES MINDANAO EMERGENCY CURRENCY BOARD QUEZON 20 PESOS |
| Reverse description | Log in to see details |
| Reverse lettering | TWENTY PESOS ISSUED BY THE MINDANAO EMERGENCY CURRENCY BOARD DANSALAN, LANAO PHILIPPINES XX TWENTY PESOS 20 PESOS |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial authorities that issued guerrilla currency during the Japanese occupation of the Philippines. These notes circulated in areas where the resistance maintained enough territorial control to sustain a parallel economy — Mindanao being one of the more persistent holdouts. The Japanese military administration declared such currency illegal, and possession could carry severe consequences for civilians caught with it.
Pick 474 is among the more frequently encountered Mindanao emergency issues, which suggests reasonably wide distribution before the liberation period made them redundant.