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10 Pesos Philippines, Treasury certificate
| Issuer | Treasury of the Philippines |
|---|---|
| Year | 1936-1941 |
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| Printer | Bureau of Engraving and Printing, United States (1862-date) |
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|---|---|
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| Reverse description | Entirely engraved in brown on a cream ground, the reverse is composed of dense lathe-work guilloche panels framing a large central cartouche containing the Roman numeral X in the upper corners and the numeral 10 in ornate counters at lower left and right. The centrepiece is a circular medallion with TEN arching above and PESOS below, enclosing the bold horizontal inscription PHILIPPINES set on an elaborately scrolled banderole, all surrounded by interlocking floral and geometric lathe patterns. |
| Reverse lettering | TEN PESOS TEN PESOS TEN PESOS PHILIPPINES TEN PESOS 10 10 |
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| Comments |
The Treasury Certificate series was introduced under the Commonwealth of the Philippines, established in 1935 when the islands remained under American administration pending full independence. These notes replaced the older silver certificate peso issues and were denominated in pesos rather than the familiar dollars-and-cents framing of earlier colonial currency — a deliberate political signal as much as an administrative one.
The Bureau of Engraving and Printing in Washington produced the entire series, and surviving examples from the late issues — printed through 1941 — were caught directly in the chaos of the Japanese invasion in December of that year. Large quantities were hastily destroyed by American and Filipino authorities to prevent Japanese seizure, which compresses the available supply of later-dated notes considerably.