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5 Pesos
| Issuer | Treasury of the Philippines |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | 5 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TREASURY CERTIFICATE THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE TREASURY OF THE PHILIPPINES FIVE PESOS PAYABLE TO THE BEARER ON DEMAND IN SILVER PESOS OR IN LEGAL TENDER CURRENCY OF THE UNITED STATES OF EQUIVALENT VALUE MANILA, PHILIPPINES SERIES OF 1941 MCKINLEY DEWEY |
| Reverse description | Printed in olive-gold on white paper, the reverse presents an intricate guilloche design with a central vignette of a tropical palm or banana plant rendered in fine intaglio engraving. The denomination 'FIVE PESOS' is inscribed across the top in two panels at left and right, with large numeral '5' at each corner, and 'PHILIPPINES' in bold letters across the center. Decorative scrollwork and lathe-work borders frame the entire composition, with 'FIVE PESOS' repeated at the bottom center within an ornate cartouche. |
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| Comments |
The Commonwealth-era Treasury Certificate series, of which this is a part, was authorized under the Philippine Commonwealth government ahead of what everyone in Manila understood was coming. The Japanese invasion in December 1941 cut the series short; large quantities of unissued notes were destroyed or hidden to prevent capture, and the Bureau of the Treasury reportedly burned stocks in the final chaotic days before the fall of Corregidor.
Notes that did circulate were frequently hoarded once the Japanese occupation peso was imposed. Survivors from this series tend to show either very heavy use or almost none at all — middling wear is the exception.