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| 正面铭文 | CINCO EL BANCO ESPAÑOL FILIPINO Ps 5 Ps 5 Pagará al portador CINCO pesos. 1º Enero 1904. MANILA 1º Enero 1904. EL TENEDOR DE LIBROS EL CAJERO EL DIRECTOR Nº Fecha 190 Ps 5 (Translation: Five / The Spanish-Filipino Bank / Pesos 5 Pesos 5 / Will pay the bearer FIVE pesos. / 1st January 1904. MANILA 1st January 1904. / The Bookkeeper / The Cashier / The Director) |
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| 背面铭文 | CINCO 5 5 5 5 (Translation: Five) |
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El Banco Español Filipino was already an institution in decline when this note was printed — the American colonial administration was actively working to replace it with the newly chartered Philippine Islands government structure, and the bank lost its note-issuing privilege entirely in 1908. These 1904 issues were among the last the bank ever produced.
Barclay & Fry were a competent but second-tier London security printer, less prominent than Bradbury Wilkinson or De La Rue, though they handled colonial and commercial bank work regularly through this period.