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50 Centavos

Issuer Mindanao Emergency Currency Board
Year 1944
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Reference(s) P#514
Obverse description Plain white note printed in blue ink, with the denomination numeral '50' repeated in each corner and the word 'CENTAVOS' running vertically along both lateral borders. The central text panel bears the heading 'TREASURY EMERGENCY CURRENCY CERTIFICATE BY AUTHORITY OF THE PRESIDENT OF THE COMMONWEALTH OF THE PHILIPPINES', followed by a redemption pledge inscribed in letterpress. The large face value 'FIFTY CENTAVOS' is set in bold type at centre, accompanied by 'Series 1944' and the issuer name 'MINDANAO EMERGENCY CURRENCY BOARD'; a circular Commonwealth of the Philippines seal appears to the left, with printed signature lines for the Chairman and Members below.
Obverse lettering 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
FIFTY CENTAVOS
Series 1944
MINDANAO EMERGENCY CURRENCY BOARD
FLORENTINO SAGUIN Chairman
F. D. PACANA
I. BARBASA Members
CENTAVOS FIFTY CENTAVOS CENTAVOS
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Comments

The Mindanao Emergency Currency Board was one of several provincial bodies authorized to produce guerrilla currency during the Japanese occupation of the Philippines. These notes were issued under extraordinarily difficult conditions — printed on whatever paper was available, often in jungle locations, to support both civilian commerce and resistance operations against Japanese forces.

Mindanao guerrilla issues are among the more documented of the Philippine emergency series, but survival rates vary sharply by denomination and print run. The 50 Centavos denomination circulated actively at the village level and took proportionally more wear than higher-value notes, which were more carefully handled.

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