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20 Pesos Mountain, Treasury certificate, Without blue XX
| Issuer | Treasury of the Philippine Islands |
|---|---|
| Year | 1918 |
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| Currency | Peso (1857-1967) |
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|---|---|
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| Reverse description | Uniface design printed entirely in orange-gold tones, centred on an ornate oval vignette of the Philippine Islands coat of arms — an eagle surmounting a heraldic shield — enclosed within a scalloped guilloche border flanked by large laurel branches. Denomination numerals 20 appear in the four corners within scrollwork cartouches, with TWENTY and 20 repeated in the side panels. The legend PHILIPPINE ISLANDS arcs around the central medallion, and TWENTY PESOS is lettered in large bold type along the lower margin. |
| Reverse lettering | TREASURY CERTIFICATE TREASURY CERTIFICATE PHILIPPINE ISLANDS TWENTY PESOS 20 |
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| Comments |
The "Mountain" series treasury certificates were introduced for the Philippine Islands in the late 1910s to replace the earlier peso issues that had circulated since American administration began in 1903. Pick 64 is distinguished by the absence of the blue "XX" overprint found on related notes in the same series — that overprint was applied to certain denominations at specific issue points, and its omission here reflects a printing specification rather than a post-issue removal.
The Bureau of Engraving and Printing handled all Philippine treasury certificate production during this period, a deliberate colonial policy keeping plate security and paper control firmly in Washington.