Philippines coins and banknotes [Archive]

Doc Alan

1st October 2014, 23:10

• Today we can expect around 73 Philippine pesos to 1 GBP, or 45 pesos to 1 US $.

• The historical exchange rate is very different ! Both Spain and the United States struck coins for the Philippines for many years – to 1898 ( Spain ) and long after independence in 1946 ( United States ). Increasingly from the 1970s the Philippine Mint ( Bangko Central Pilipinas / BSP ) produced Philippines coinage.

• Until the late 1960s there were 100 centavos, and thereafter 100 sentimos, to 1 peso.

• Until the beginning of the 1960s there were around 2 pesos to 1 US $. Thereafter President Macapagal allowed the peso to float on the free currency market, and its value sank in that decade to around 6 / US $.

• After Ninoy Aquino’s assassination in 1983 the value of the peso dived to 20 / 1 US $ in a few years, and to 27 / 1 by the turn of the decade. By 2000 it had fallen to 40 / 1 US $, and then to over 50 / 1. From 2005 it strengthened overall in value.

• The size and composition of these coins reflects their value – 50 centavos from 50 years ago ( partly silver ), through 1 peso over 40 years ago, to 5 years ago. The obverse of the 1964 coin shows “ Liberty “, a standing female figure striking an anvil with a hammer, with Mount Mayon in the background. Jose Rizal features on the other two coins, and many more.

http://i1265.photobucket.com/albums/jj517/DocAlan/196419721993_zps3c841fa8.jpg (http://s1265.photobucket.com/user/DocAlan/media/196419721993_zps3c841fa8.jpg.html)

• From the late 1960s Tagalog was used on coins, which featured various Philippine national heroes.

• In 1975 a new series of coins were introduced to mark “ Ang Bagong Lipunan “ ( President Marcos’s New Society ). Such proof sets were the first to be minted since 1908. They were provided by a number of mints, including the UK Royal Mint, and the US Franklin Mint :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1975specifications_zps69c633bc.jpg (http://s1265.photobucket.com/user/DocAlan/media/1975specifications_zps69c633bc.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1975obverse_zps2fdbc060.jpg (http://s1265.photobucket.com/user/DocAlan/media/1975obverse_zps2fdbc060.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1975reverse_zpsdba5b145.jpg (http://s1265.photobucket.com/user/DocAlan/media/1975reverse_zpsdba5b145.jpg.html)

Doc Alan

1st October 2014, 23:12

• After 8 years, there was a new “ Flora and Fauna “ series, produced by the UK Royal Mint :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1983specifications_zps09e97fd2.jpg (http://s1265.photobucket.com/user/DocAlan/media/1983specifications_zps09e97fd2.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1983obverse_zps0a234d40.jpg (http://s1265.photobucket.com/user/DocAlan/media/1983obverse_zps0a234d40.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1983reverse_zps4a756dbe.jpg (http://s1265.photobucket.com/user/DocAlan/media/1983reverse_zps4a756dbe.jpg.html)

• Finally in 1995 the “ new BSP “ ( Bangko Central Pilipinas ) series was introduced, which remains the current coinage of the Philippines.

http://mpgonz.blogspot.co.uk/2009/01/philippine-peso-from-1950-to-2009.html

http://en.wikipedia.org/wiki/Coins_of_the_Philippine_peso

Doc Alan

1st October 2014, 23:14

• 1000 pesos are today worth around 22 US $ / 14 GBP.

• This current banknote shows Jose Abad Santos ( past Chief Justice of Supreme Court and briefly Acting President during WW II ), Josefa Llanes Escoda ( advocate of women’s right of suffrage and founder of Girl Scouts of Philippines ), and Vicente Lim ( Filipino Brigadier General and WW II hero ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P1000_zpsbc85ca4d.jpg (http://s1265.photobucket.com/user/DocAlan/media/P1000_zpsbc85ca4d.jpg.html)

• The reverse shows Tubbataha reef ( Unesco World Heritage Site in the Sulu Sea ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P10002_zps1fae68c9.jpg (http://s1265.photobucket.com/user/DocAlan/media/P10002_zps1fae68c9.jpg.html)

Doc Alan

1st October 2014, 23:17

• Seventy years ago the “ Victory “ banknote series were printed in the US ( the last Philippine currency to be printed there ). The notes were to be used upon the return of MacArthur – when he came ashore in Leyte on October 20th 1944 he was allegedly carrying some of these in his pocket. The number “ 66 “ for the series may have been chosen because that was President Quezon’s age when he died just before liberation of the Philippines.

• The 1 peso note showed Apolinario Mabini ( born 150 years ago, who despite paralysis in both legs from polio was an inspiration to Filipinos to fight for independence from the Spanish ). Over 60 million were produced, some of which have survived to this day, like this one in my possession :-

http://i1265.photobucket.com/albums/jj517/DocAlan/PhilippinesVictory1peso1944_zps1149bfa2.jpg (http://s1265.photobucket.com/user/DocAlan/media/PhilippinesVictory1peso1944_zps1149bfa2.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/PhilippinesVictory1peso_zps594bca83.jpg (http://s1265.photobucket.com/user/DocAlan/media/PhilippinesVictory1peso_zps594bca83.jpg.html)

• The 2 pesos note showed Jose Rizal, with over 16 million produced.

http://i1265.photobucket.com/albums/jj517/DocAlan/PhilippinesVictory2peso_zps626e77e4.jpg (http://s1265.photobucket.com/user/DocAlan/media/PhilippinesVictory2peso_zps626e77e4.jpg.html)

• Other notes included 5 pesos ( McKinley and Dewey ), 10 pesos ( Washington ), 20 pesos ( Mount Mayon ), 50 pesos ( Gen Lawton ), 500 pesos ( Legaspi ), and 100 pesos ( Magellan, about 850,000 produced ).

http://i1265.photobucket.com/albums/jj517/DocAlan/PhilippinesVictory100peso_zps1440b8fa.jpg (http://s1265.photobucket.com/user/DocAlan/media/PhilippinesVictory100peso_zps1440b8fa.jpg.html)

• The Victory currency notes were no longer regarded as legal tender from 1958, and were completely “ demonetized “ within 10 years later.

• Read more here about Philippines currency during WW II :-
http://www.guerrilla-money.com/

… and Philippines Presidents :-
http://en.wikipedia.org/wiki/List_of_Presidents_of_the_Philippines

malolos

1st October 2014, 23:49

My wife has a good selection of old Philippines coins and banknotes.

SimonH

2nd October 2014, 06:19

Interesting read, thanks Doc :xxgrinning--00xx3:
One thing I don't understand is why the Peso is printed Piso on the coins but Peso on the notes :Erm:

fred

2nd October 2014, 06:26

I knew a mini cab driver that used to collect the old two Peso coins and then dished them out to drunks as 50p coins in their change!
http://images.delcampe.com/img_large/auction/000/167/780/729_001.jpg

Doc Alan

2nd October 2014, 08:05

Thanks for your interest and responses :xxgrinning--00xx3:.

A small technical matter - it proved impossible to obtain good photographs of these notes and coins, due to dimensions and reflections :doh. The proof coins are also enclosed in protective transparent covers.

I tried scanning them - problem solved, with the results you see above :biggrin:.

Doc Alan

2nd October 2014, 08:22

Interesting read, thanks Doc :xxgrinning--00xx3:
One thing I don't understand is why the Peso is printed Piso on the coins but Peso on the notes :Erm:

" Piso " has appeared on coins and banknotes since the late 1960s, as far as I know, but the " Philippine peso " is still referred to in currency exchange rates.

http://www.philippinecountry.com/philippine_money/

Dedworth

2nd October 2014, 10:17

Very interesting - I'll have to read more of the links Doc

I wonder if the PI actually mint their own coinage nowadays or import. In a previous life I visited the Royal Mint in Wales a few times. Very interesting place guarded (then) by Ministry of Defence Police. A lot of their production goes for export. I recall being told that there are often former employees residing in HM Prison Cardiff - attempting to throw packs of coins over the fence etc :biggrin:

Doc Alan

2nd October 2014, 18:14

I wonder if the PI actually mint their own coinage nowadays or import.

Thank you Dedworth :xxgrinning--00xx3:.

To my knowledge, since the “ Ang Bagong Lipunan “ series of 1975, for which a variety of mints produced the coins, the Bangko Sentral Pilipinas ( BSP ) has produced nearly all Philippine coinage.

The Mint & Refinery Operations Department of BSP produces all coins now, while the “ SPC “ ( Security Plant Complex ) produces banknotes.

See :- http://www.bsp.gov.ph/bspnotes/banknotes_coin.asp

Arthur Little

2nd October 2014, 20:08

Thank you for sharing a most interesting - and historically noteworthy - thread, Alan ... if I may "coin a phrase"! :smile:

Doc Alan

3rd October 2014, 09:07

Thank you for sharing a most interesting - and historically noteworthy - thread, Alan ... if I may "coin a phrase"! :smile:

It’s surely worthwhile taking note of the " bills " and coins we use in the Philippines, considering how much interest money and peso exchange rate attracts on the Forum :smile:.

If ever we had to take a " Life in the Philippines " test this might be helpful :xxgrinning--00xx3: !

Arthur Little

3rd October 2014, 09:23

It’s surely worthwhile taking note of the " bills " and coins we use in the Philippines, considering how much interest money and peso exchange rate attracts on the Forum :smile:.

If ever we had to take a " Life in the Philippines " test this might be helpful :xxgrinning--00xx3: !

Oh yes, indeed ... :iagree: on BOTH counts. :xxgrinning--00xx3:

Doc Alan

3rd October 2014, 09:39

Quiz question :- Who was Mabini ( featured on 1 peso Victory note ) ?

If you’re interested, read the link …

http://www.rappler.com/newsbreak/iq/64047-fast-facts-life-legacy-apolinario-mabini

Ako Si Jamie

3rd October 2014, 10:29

I've been to Mabini in Negros although I've never heard of anyone of that name but then again I haven't delved deeply into Philippine History. I believe Valenzuela is named after a member of the Katipunan. Maybe Mabini was another. He's not a former president that's for sure.

raynaputi

3rd October 2014, 11:40

I've had all those coins in the past! :biggrin:

Doc Alan

20th November 2014, 02:36

It’s 44 years today ( November 20 ) since the first visit of a pope to the Philippines. Blessed Paul VI – the first to fly ( surely a miracle :smile: ) - survived an attack by a knife-wielding man on his arrival at the "old " Manila International Airport. Last month he was beatified ( blessed ) following the birth of a healthy boy – despite predictions he would suffer serious birth defects – to a mother who had prayed to Pope Paul. This pope led the Church for 15 years, and his most controversial encyclical was “ Humanae Vitae “ ( restating the traditional ban on contraception ).

A commemorative silver coin ( 39 mm diameter ) bears the lettering " Pagdalaw ( visit ) ng Papa sa Pilipinas / Papa Paulo VI ", and on the obverse " Pangulo ( President ) ng Pilipinas / Ferdinand E. Marcos “. It’s " demonetized " ( not legal tender ) and worth much more than 1 " piso ".

http://i1265.photobucket.com/albums/jj517/DocAlan/PopePaul1970_zpsb890f14d.jpg (http://s1265.photobucket.com/user/DocAlan/media/PopePaul1970_zpsb890f14d.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/PopePaulobverse_zps8ff196d7.jpg (http://s1265.photobucket.com/user/DocAlan/media/PopePaulobverse_zps8ff196d7.jpg.html)

The second Pope to visit the Philippines, Pope St John Paul II, actually visited twice - in 1981 ; and in 1995, attracting about 5 million people.

The third will be Pope Francis, expected to visit between 15 – 19 January 2015. He is scheduled to celebrate at least three public Masses – at the Manila Cathedral, the Luneta national park, and in Tacloban City.

Support for the Responsible Parenthood and Reproductive Health Act of 2012 - expanding public access to family planning and reproductive health services, and reducing maternal mortality - might be helpful.

Security will need to be tight - up to 6 million people may attend Mass in Luneta.

Let’s hope his visit is safe, beneficial to Filipinos, and successful :xxgrinning--00xx3:.

Doc Alan

27th November 2014, 20:33

Around 2.4 million of these 90 year old Treasury Certificates were issued ( and over 12 million similar ones ). The Act of the Philippines Legislature was approved by the US President Calvin Coolidge and certified that 1 peso was " payable to the bearer on demand in silver or gold coin of the US of equivalent value. " It was signed by the Acting Treasurer Salv. Lagdameo, and the Governor General, Leonard Wood.

http://i1265.photobucket.com/albums/jj517/DocAlan/P11924_zps70e8efd9.jpg (http://s1265.photobucket.com/user/DocAlan/media/P11924_zps70e8efd9.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/P11924a_zps6744aa5d.jpg (http://s1265.photobucket.com/user/DocAlan/media/P11924a_zps6744aa5d.jpg.html)

Leonard Wood was a doctor who served as Chief of Staff of the US Army, before becoming Governor General of the Philippines in 1921 ( after failing as a candidate for the Republican Presidential nomination in 1920 ). He had a medical history – the neurosurgeon Harvey Cushing removed a brain tumour in 1910, which eventually recurred and killed Wood in 1927, aged 66. There is a Leonard Wood Road in Baguio.

During the Japanese occupation of the Philippines ( 1942 – 1945 ) , hard currency was confiscated and millions of Japanese Government notes ( " Mickey Mouse Money " to Filipinos ) were issued. After the overthrow of the Japanese, tons of them were burned.

http://i1265.photobucket.com/albums/jj517/DocAlan/JapaneseP10_zps35ccd539.jpg (http://s1265.photobucket.com/user/DocAlan/media/JapaneseP10_zps35ccd539.jpg.html)

Emergency circulating notes were also printed by the Philippines Commonwealth Government in exile – " guerrilla pesos ", using crude inks and materials. These were outlawed by the Japanese, who declared a monopoly on the issuance of money. Anyone found in possession of them was arrested or executed.

This note was issued in the Mountain Province – one of possibly 200,000 ( the Japanese destroyed records ).

http://i1265.photobucket.com/albums/jj517/DocAlan/MPEmergency_zps59fa6906.jpg (http://s1265.photobucket.com/user/DocAlan/media/MPEmergency_zps59fa6906.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/MPEmergencya_zpsf168fe0f.jpg (http://s1265.photobucket.com/user/DocAlan/media/MPEmergencya_zpsf168fe0f.jpg.html)

After WW II and full independence in 1946, this note was issued in 1949, signed by 6th President Elpidio Quirino, and equivalent to US $ 100.

http://i1265.photobucket.com/albums/jj517/DocAlan/P2001949_zps28893251.jpg (http://s1265.photobucket.com/user/DocAlan/media/P2001949_zps28893251.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/P2001949a_zps33750655.jpg (http://s1265.photobucket.com/user/DocAlan/media/P2001949a_zps33750655.jpg.html)

• Present day value of these banknotes ? Priceless – I won’t ever sell them :smile:!

Doc Alan

8th December 2014, 22:20

The United States struck coins for the Philippines from 1903 – 1945.

This 1905 P 1 was 90% silver ( plus copper ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1905silverP1_zps841aaddc.jpg (http://s1265.photobucket.com/user/DocAlan/media/1905silverP1_zps841aaddc.jpg.html)

The obverse shows " Liberty " in the act of striking an anvil with a hammer – symbolic of work done by the Americans to build a better Philippines ; and the reverse the arms of the US Territories in the form of an eagle.

Five silver coins were promised to the bearer of this silver certificate from 1910, featuring President William McKinley ( who had been assassinated in 1901 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1910P5_zpsc3ba599a.jpg (http://s1265.photobucket.com/user/DocAlan/media/1910P5_zpsc3ba599a.jpg.html)

and 100 for this certificate from 1912 :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1912P100_zps3f888562.jpg (http://s1265.photobucket.com/user/DocAlan/media/1912P100_zps3f888562.jpg.html)

During World War I the Philippine National Bank issued emergency notes printed on cardboard paper, as in this 20 centavos note of 1917 :-

http://i1265.photobucket.com/albums/jj517/DocAlan/191720centavosEmergency_zpscc365630.jpg (http://s1265.photobucket.com/user/DocAlan/media/191720centavosEmergency_zpscc365630.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/191720centavosEmergencya_zpsba5d4f21.jpg (http://s1265.photobucket.com/user/DocAlan/media/191720centavosEmergencya_zpsba5d4f21.jpg.html)

Emilio Aguinaldo – First President of the Philippines – who had joined the " Katipunan " and led Philippine forces against Spain , then the United States – was born in 1869 in Cavite Province. He had declared Philippines independence from Spain on 12 June 1898. He lived to the age of 94. This commemorative silver coin was issued in 1969 :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Aguinaldo1969_zps15cd6840.jpg (http://s1265.photobucket.com/user/DocAlan/media/Aguinaldo1969_zps15cd6840.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Aguinaldoobverse_zpsf04d21e0.jpg (http://s1265.photobucket.com/user/DocAlan/media/Aguinaldoobverse_zpsf04d21e0.jpg.html)

Aguinaldo ran for Philippines Presidency in 1935, but lost by a landslide to Manuel Quezon, second President, shown here in this P 20 banknote from the Marcos era ( 1967 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P20Marcos_zps8f007d9b.jpg (http://s1265.photobucket.com/user/DocAlan/media/P20Marcos_zps8f007d9b.jpg.html)

Steve.r

9th December 2014, 01:44

Not sure how I missed this thread, very interesting. Thanks Alan

Doc Alan

22nd December 2014, 22:04

Thank you Steve.r :smile:.

Apart from the dangers of using genuine emergency notes, it was quite easy to produce fakes / counterfeit notes. These from Negros and Mindanao may be genuine :

http://i1265.photobucket.com/albums/jj517/DocAlan/NegrosEmergency_zps5ff049e0.jpg (http://s1265.photobucket.com/user/DocAlan/media/NegrosEmergency_zps5ff049e0.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/EmergencyP20Mindanao_zpscb4dff29.jpg (http://s1265.photobucket.com/user/DocAlan/media/EmergencyP20Mindanao_zpscb4dff29.jpg.html)

… while this from Iloilo may be counterfeit :

http://i1265.photobucket.com/albums/jj517/DocAlan/IloiloEmergencyP20_zpsda00ded1.jpg (http://s1265.photobucket.com/user/DocAlan/media/IloiloEmergencyP20_zpsda00ded1.jpg.html)

Bataan Day - April 9 1942 – is commemorated as " Araw ng Kagitinan " ( Day of Valor ), to mark the final surrender of the U.S.-Philippines forces on the Bataan Peninsula, then Corregidor in May. Most of the prisoners of war captured by the Japanese had to undertake the " Bataan Death March " to a prison camp over 100 kilometres to the north – many did not survive.

100,000 of these silver P 1 coins were issued 25 years later :

http://i1265.photobucket.com/albums/jj517/DocAlan/Bataanday_zps6645f206.jpg (http://s1265.photobucket.com/user/DocAlan/media/Bataanday_zps6645f206.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/BataanDayreverse_zps27a5399f.jpg (http://s1265.photobucket.com/user/DocAlan/media/BataanDayreverse_zps27a5399f.jpg.html)

General Douglas MacArthur fulfilled his promise to return to the Philippines, landing with his troops on Leyte in October 1944. Japan formally surrendered in September 1945.

This silver 50 centavos coin is from 1945 :

http://i1265.photobucket.com/albums/jj517/DocAlan/C501945_zpsd81515ff.jpg (http://s1265.photobucket.com/user/DocAlan/media/C501945_zpsd81515ff.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/C501945reverse_zps7751294d.jpg (http://s1265.photobucket.com/user/DocAlan/media/C501945reverse_zps7751294d.jpg.html)

… and this commemorative 50 centavos coin from 1947 ( the Philippines were independent from July 1946 ) :

http://i1265.photobucket.com/albums/jj517/DocAlan/C501947_zps8f386893.jpg (http://s1265.photobucket.com/user/DocAlan/media/C501947_zps8f386893.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/C501947reverse_zps900502a9.jpg (http://s1265.photobucket.com/user/DocAlan/media/C501947reverse_zps900502a9.jpg.html)

Doc Alan

28th December 2014, 21:21

With the establishment of the Central Bank of the Philippines in 1949, the first currencies issued were
the " English series notes " printed by Thomas de la Rue in London, UK.

• This 1949 P 500 banknote was part of the first series issued by the Bangko Sentral ng Pilipinas, signed by President Elpidio Quirino, featuring Manuel Roxas ( President 1946 -48 ), and equivalent to U.S. $ 250.

http://i1265.photobucket.com/albums/jj517/DocAlan/1949P500_zpsd68b5c56.jpg (http://s1265.photobucket.com/user/DocAlan/media/1949P500_zpsd68b5c56.jpg.html)

• This 1967 P 2 banknote is signed by President Marcos, and features Jose Rizal ( 1861 – 96 ), national hero, executed by the Spanish in what is now known as Rizal Park.

http://i1265.photobucket.com/albums/jj517/DocAlan/P2Marcos_zpsf3ced846.jpg (http://s1265.photobucket.com/user/DocAlan/media/P2Marcos_zpsf3ced846.jpg.html)

The reverse shows Emilio Aguinaldo displaying the Philippine flag from the balcony of his house in Cavite, proclaiming independence from Spain, in 1898.

http://i1265.photobucket.com/albums/jj517/DocAlan/P2Marcosa_zps7fd9006d.jpg (http://s1265.photobucket.com/user/DocAlan/media/P2Marcosa_zps7fd9006d.jpg.html)

• This P 10 banknote ( late 1960s ) features first Prime Minister ( 1899 ) Apolinario Mabini, who had been paralysed by polio.

http://i1265.photobucket.com/albums/jj517/DocAlan/P10Marcos_zps4938eaad.jpg (http://s1265.photobucket.com/user/DocAlan/media/P10Marcos_zps4938eaad.jpg.html)

The reverse shows the Barasoain Church in Malolos, Bulacan, site of the First Philippine Congress and drafting of the Malolos Constitution ( 1898 ), and the inauguration of the First Philippine Republic ( 1899 ).

http://i1265.photobucket.com/albums/jj517/DocAlan/P10Marcosa_zpseb088885.jpg (http://s1265.photobucket.com/user/DocAlan/media/P10Marcosa_zpseb088885.jpg.html)

• This P 100 banknote has the watermark area overprinted with " Ang Bagong Lipunan " ( New Society ) from 1973. All unissued banknotes had been sent back to the De La Rue plant in London for overprinting.

http://i1265.photobucket.com/albums/jj517/DocAlan/P100ABL_zps2afc1d8a.jpg (http://s1265.photobucket.com/user/DocAlan/media/P100ABL_zps2afc1d8a.jpg.html)

The reverse shows the Bangko Sentral ng Pilipinas in Manila.

http://i1265.photobucket.com/albums/jj517/DocAlan/p100ABLa_zps8f6c8bc6.jpg (http://s1265.photobucket.com/user/DocAlan/media/p100ABLa_zps8f6c8bc6.jpg.html)

Doc Alan

28th December 2014, 21:31

From 1978, banknotes were printed for Bangko Sentral ng Pilipinas at the Security Printing Complex in Quezon City.

( Left click on images to enlarge )

• This P 50 banknote from 1978 features Sergio Osmena ( President 1944 – 1946 ), overprinted for the centenary of his birth in 1878, also with " Ang Bagong Lipunan ".

http://i1265.photobucket.com/albums/jj517/DocAlan/1978P50_zps503aed03.jpg (http://s1265.photobucket.com/user/DocAlan/media/1978P50_zps503aed03.jpg.html)

The reverse shows Gusaling Batasan ( Legislative Building ), now the National Museum, next to Rizal Park.

http://i1265.photobucket.com/albums/jj517/DocAlan/P50Marcosa_zps8a0724ad.jpg (http://s1265.photobucket.com/user/DocAlan/media/P50Marcosa_zps8a0724ad.jpg.html)

*** The following banknotes are part of the so-called " New Design Series ", and will be DEMONETIZED from January 1 - December 31 2015. They may STILL be used in 2015 but NO longer accepted for payment from January 1 2016. ***

• This P 500 banknote ( 2009 ) is signed by President Gloria Macapagal-Arroyo and features Benigno " Ninoy " Aquino ( assassinated in 1983 ) with two of his popular quotes : - " Faith in our people and faith in God ", and " The Filipino is worth dying for ". There is also his signature, his typewriter ( initials B.S.A.J. ) and a dove of peace.

http://i1265.photobucket.com/albums/jj517/DocAlan/2009P500_zpsaef5c857.jpg (http://s1265.photobucket.com/user/DocAlan/media/2009P500_zpsaef5c857.jpg.html)

• This P 1000 banknote, signed by President Gloria Macapagal-Arroyo, features three heroes of the resistance against the Japanese occupation of the Philippines - Jose Abad Santos ( Chief Justice ); Josefa Llanes Escoda ( founder of Girl Scouts ) ; and Vicente Lim ( Brigadier General ).

http://i1265.photobucket.com/albums/jj517/DocAlan/P1000GM-A_zps3c0aa819.jpg (http://s1265.photobucket.com/user/DocAlan/media/P1000GM-A_zps3c0aa819.jpg.html)

The reverse shows the Banaue Rice Terraces ; Manunggul Jar ( a burial jar dating from 890 – 710 B.C. excavated in a Palawan cave over 50 years ago ); and Langgal ( Muslim place of worship in the Sulu Archipelago ).

http://i1265.photobucket.com/albums/jj517/DocAlan/P1000GM-Aa_zps9564afb9.jpg (http://s1265.photobucket.com/user/DocAlan/media/P1000GM-Aa_zps9564afb9.jpg.html)

• This P 500 is signed by the incumbent President Benigno " Noynoy " Aquino, and features his late mother, Corazon Aquino ( President 1986 – 1992 ) and father.

http://i1265.photobucket.com/albums/jj517/DocAlan/P500_zps73eff620.jpg (http://s1265.photobucket.com/user/DocAlan/media/P500_zps73eff620.jpg.html)

The reverse shows the Puerto Princesa Underground River ( recognised as one of the " new Seven Wonders of Nature " in 2012 ) and a blue-naped parrot ( Philippine green parrot / " pikoy " ; found throughout the Philippines; there is concern about illegal trading on Palawan ).

http://i1265.photobucket.com/albums/jj517/DocAlan/P500a_zpsdfc038b4.jpg (http://s1265.photobucket.com/user/DocAlan/media/P500a_zpsdfc038b4.jpg.html)

http://www.bsp.gov.ph/bspnotes/curr_ngc_banknote.asp

http://www.bsp.gov.ph/downloads/Publications/FAQs/BS10_a2.pdf

Doc Alan

20th February 2015, 22:02

More " New Design Series " banknotes which are to be demonetized :-

( As before, left click on images to enlarge ).

• Reverse of the Ninoy Aquino P 500 banknote - featuring a complicated vignette to illustrate Ninoy’s aspirations of Philippine unity, with ( top left ) Filipinos of different faiths and classes of society ( civilian and military ) ; ( centre ) mother and son giving flowers to two soldiers ; ( bottom left ) part of an article from Ninoy’s years as a journalist covering the Korean War ; ( top right ) a girl holding a book with the words " Study Now Pay Later " – an education bill sponsored by Ninoy ; ( bottom right ) Concepcion Municipal Hall and Tarlac Capitol Building where Ninoy held office of Mayor and Governor ; and ( top right ) a dove, symbolic of freedom.

http://i1265.photobucket.com/albums/jj517/DocAlan/NDS%20P500%20r_zpstt8ivheq.jpg (http://s1265.photobucket.com/user/DocAlan/media/NDS%20P500%20r_zpstt8ivheq.jpg.html)

• P 200 banknote – first issued in 2002, featuring former President Diosdado Macapagal ( 1961 – 1965 ). On the right is the Aguinaldo mansion where in 1898 Aguinaldo proclaimed independence from Spain.

http://i1265.photobucket.com/albums/jj517/DocAlan/NDS%20P200_zpskgtrxcya.jpg (http://s1265.photobucket.com/user/DocAlan/media/NDS%20P200_zpskgtrxcya.jpg.html)

• P 200 banknote, reverse – showing former President Gloria Macapagal-Arroyo ( 2001 – 2010 ) under oath in conclusion to the " EDSA 2 revolution ". She is being sworn in by Chief Justice Hilario Davide, and the girl holding the bible is Cecilia Abad ( daughter of former Education Secretary and Batanes Representative ).

http://i1265.photobucket.com/albums/jj517/DocAlan/NDS%20P200%20r_zpsj72e9f2h.jpg (http://s1265.photobucket.com/user/DocAlan/media/NDS%20P200%20r_zpsj72e9f2h.jpg.html)

The above banknotes are already not commonly seen in circulation.

More of the " New Generation Currency " banknotes :-

* The P 20 banknote features former President Manuel Quezon ( 1935 – 1944 ) and Malacanan Palace.

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P20_zpshyoff9ct.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P20_zpshyoff9ct.jpg.html)

The reverse of the P 20 banknote shows the Banaue Rice Terraces in the Cordillera Mountains, and the palm civet ( also from the Cordillera Region, famous for producing a variety of coffee ).

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P20%20r_zpshvl8eejp.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P20%20r_zpshvl8eejp.jpg.html)

* The P 50 banknote features former President Sergio Osmena ( 1944 – 1946 ), and the October 1944 Leyte landing of MacArthur with the U S troops.

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P50_zpsgfy6gktc.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P50_zpsgfy6gktc.jpg.html)

The reverse of the P 50 banknote shows Taal Lake in Batangas ( deepest freshwater lake in Philippines ) , and a fish ( giant trevally ) locally known as Maliputo.

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P50%20r_zpstdaohrxw.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P50%20r_zpstdaohrxw.jpg.html)

* This P 100 banknote features former President Manuel Roxas ( 1946 – 1948 ), with a vignette of the July 4 1946 Inauguration of the Philippines Republic.

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P%20100_zpsvivzfk6m.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P%20100_zpsvivzfk6m.jpg.html)

The reverse of the P 100 banknote features the Mayon Volcano in Bicol region ; with a whale shark / butanding ( Rhincodon Typus ), a main attraction in Donsol, Sorsogon.

http://i1265.photobucket.com/albums/jj517/DocAlan/NGC%20P100%20r_zpsqoors9e3.jpg (http://s1265.photobucket.com/user/DocAlan/media/NGC%20P100%20r_zpsqoors9e3.jpg.html)

The BSP has taken the opportunity to enhance security features in the New Generation Currency, including hygienic treatment to prevent growth of harmful " bugs ".

Doc Alan

24th February 2015, 13:11

This is the " New Generation Currency " P 200 banknote, featuring former President Diosdado Macapagal ( 1961 – 1965 ), and on the reverse the Chocolate Hills of Bohol and tarsier, with handcrafted lacework of the Visayas.

http://i1265.photobucket.com/albums/jj517/DocAlan/P%20200%20NGC_zpsiq8wzmka.jpg (http://s1265.photobucket.com/user/DocAlan/media/P%20200%20NGC_zpsiq8wzmka.jpg.html)

Anne2014

24th February 2015, 13:49

Was a victim of fake P200 bill a couple of years ago. It was given as a change from a Watson's cashier in General Santos City. I didn't get the money back since the fake money was spotted by a cashier in another mall and confiscated it. That was so embarrassing. I have to go back to SM to file a complain to their customer service along with the receipt I paid for at Watsons. They only made me fill out a piece of paper with the complain and that's it. :doh

SimonH

24th February 2015, 13:55

First time I've read this :smile:

The earlier notes appear to be based on the US Dollar for the large denominations and the British Shilling for the smaller ones.

Doc Alan

23rd April 2015, 08:27

Since independence in 1946 there have been four series of banknotes issued by Bangko Sentral ng Pilipinas – formerly known as Central Bank of the Philippines.

• The first was the " English Series ", dating from 1951 and printed by Thomas De La Rue in London.

These examples were signed either by Presidents Quirino ( 1948 – 1953 ) or Macapagal ( 1961 – 1965 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img357_zpsj4x5xcrx.jpg (http://s1265.photobucket.com/user/DocAlan/media/img357_zpsj4x5xcrx.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img359_zpsxy8b2fno.jpg (http://s1265.photobucket.com/user/DocAlan/media/img359_zpsxy8b2fno.jpg.html)

• The second was the " Filipino Series ", dating from 1969.

These examples are all signed by President Marcos ( 1965 – 1986 ) ; from 1973 they were overprinted by the De La Rue plant with " Ang Bagong Lipunan " ( New Society ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img360_zps9nfkesi3.jpg (http://s1265.photobucket.com/user/DocAlan/media/img360_zps9nfkesi3.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img361_zpsmkukxu2g.jpg (http://s1265.photobucket.com/user/DocAlan/media/img361_zpsmkukxu2g.jpg.html)

• The third was the " New Design Series ", dating from 1985.

These are the " old " banknotes, to be fully demonetized on January 1 2017. The public may continue to use them up to December 31 this year ( 2015 ). For 2016 they may be exchanged at banks for the " New Generation Currency " series.

While these notes will have no purchasing value after this year, good ( uncirculated ) examples are already worth more than face value to collectors, especially the P 500 " Ninoy Aquino " note.

These examples are signed by Presidents Corazon Aquino ( 1986 – 1992 ), Ramos ( 1992 – 1998 ), Macapagal-Arroyo ( 2001 – 2010 ), and Benigno Aquino ( 2010 to date ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img339_zpswailquca.jpg (http://s1265.photobucket.com/user/DocAlan/media/img339_zpswailquca.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img338_zpsluiarzzk.jpg (http://s1265.photobucket.com/user/DocAlan/media/img338_zpsluiarzzk.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img345_zpst3kipxia.jpg (http://s1265.photobucket.com/user/DocAlan/media/img345_zpst3kipxia.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img346_zpsjmcjqpdd.jpg (http://s1265.photobucket.com/user/DocAlan/media/img346_zpsjmcjqpdd.jpg.html)

• The fourth is the " New Generation Currency " Series, dating from 2010, in use now and to be used exclusively from 2016 :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img352_zps4f8rgxg2.jpg (http://s1265.photobucket.com/user/DocAlan/media/img352_zps4f8rgxg2.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img350_zpsjii5mkfk.jpg (http://s1265.photobucket.com/user/DocAlan/media/img350_zpsjii5mkfk.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img356_zpslazszbnd.jpg (http://s1265.photobucket.com/user/DocAlan/media/img356_zpslazszbnd.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img355_zpsqruwwyhm.jpg (http://s1265.photobucket.com/user/DocAlan/media/img355_zpsqruwwyhm.jpg.html)

Doc Alan

27th April 2015, 18:02

• From the introduction of the " English Series " in the 1950s the rate of the peso against the US $ was 2 : 1 ; and as the rate of the $ to UK £ was 2.8 : 1 ; there were less than 6 pesos : £ 1.

• By the time the " Filipino Series " were introduced at the end of the 1960s, the peso : $ rate was 4 ; the $ : £ 2.4 ; or about 10 pesos : £ 1.

• By the mid – 1980s, when the " New Design Series " were introduced, the peso : $ was 25 : 1 ; the $ : £ was soon to rise to about 2 : 1 ; so there were around 50 pesos : £1 ( with variations ).

• When the " New Generation Currency " was introduced in 2010, pesos : $ were around 50 : 1 ; the $ : £ was 1.6 : 1 ; so there were around 80 pesos : £ 1.

• Of course these rates are not necessarily the exact exchange rates available when making purchases – but hopefully they may be of interest, just as the scanned images of my own banknotes in this thread :xxgrinning--00xx3:.

• They also include a practical reminder of the " New Design Series " which are soon to be demonetized. Thank you for viewing my thread :smile:!

• http://www.miketodd.net/encyc/dollhist-graph.htm

• http://mpgonz.blogspot.co.uk/2009/01/philippine-peso-from-1950-to-2009.html

Doc Alan

27th July 2015, 20:15

These banknotes date from 1936, and are signed by Manuel Quezon, President of the Commonwealth of the Philippines :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1936%20P%205%20Quezon_zpsneksrwpb.jpg (http://s1265.photobucket.com/user/DocAlan/media/1936%20P%205%20Quezon_zpsneksrwpb.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1936%20P%2010%20Quezon_zpsgey64dnp.jpg (http://s1265.photobucket.com/user/DocAlan/media/1936%20P%2010%20Quezon_zpsgey64dnp.jpg.html)

The Commonwealth was inaugurated on November 15 1935. It was the result of efforts to secure a definitive timetable for withdrawal of US sovereignty over the country. Because of World War II, the Philippines did not become a Republic until July 4 1946. This " first day cover " commemorated the event :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Commonwealth%201935_zpsvjevyerh.jpg (http://s1265.photobucket.com/user/DocAlan/media/Commonwealth%201935_zpsvjevyerh.jpg.html)

Here is another of the " English series " of banknotes issued after independence, signed by President Quirino ( who succeeded Roxas ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/1949%20English%20series%20Quirino_zps3jfj6cig.jpg (http://s1265.photobucket.com/user/DocAlan/media/1949%20English%20series%20Quirino_zps3jfj6cig.jpg.html)

More recently, the Central Bank of the Philippines issued 300,000 pieces of this P 2,000 banknote in 1998 – which was legal tender. ( Possibly the world’s largest legal tender note, 14" X 8.5 ", for P 100,000, was also issued, in very limited numbers, in 1998 ).

It features President Estrada taking his oath of office ( June 1998 ) in Barasoain Church, together with the scroll of the Malolos Constitution and the seal of Bangko Sentral ng Pilipinas :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P%202000%201998_zpsnafxydai.jpg (http://s1265.photobucket.com/user/DocAlan/media/P%202000%201998_zpsnafxydai.jpg.html)

On the reverse is the re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite, by President Ramos ( earlier in June 1998 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P%202000%201998a_zpsonda4obi.jpg (http://s1265.photobucket.com/user/DocAlan/media/P%202000%201998a_zpsonda4obi.jpg.html)

Michael Parnham

27th August 2015, 17:33

Lovely to see such a wonderful collection of Banknotes and Coins once again Alan, great stuff.:xxgrinning--00xx3:

Doc Alan

28th August 2015, 07:52

Lovely to see such a wonderful collection of Banknotes and Coins once again Alan, great stuff.:xxgrinning--00xx3:

Thank you Michael, I appreciate your loyal support as ever :smile:.

Doc Alan

23rd March 2016, 22:57

More additions to this thread :-

This is the only example I have of emergency currency issued during World War II by the provisional currency board in BOHOL. Notes of this type were deemed legal tender, pledged to be redeemable upon the end of the Japanese Occupation :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img100_zpsfjnwt5fq.jpg (http://s1265.photobucket.com/user/DocAlan/media/img100_zpsfjnwt5fq.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img101_zpszy50rker.jpg (http://s1265.photobucket.com/user/DocAlan/media/img101_zpszy50rker.jpg.html)

Since independence in 1946, as I have posted previously, there have been four series of banknotes issued by the Central Bank of the Philippines ( now Bangko Sentral ng Pilipinas ). The first was the " English series ", dating from 1951, signed either by Presidents Elpidio Quirino ( 1948 - 1953 ) - as here - or Diosdado Macapagal ( 1961 - 1965 ).

This 20 centavos note is in " uncirculated " condition :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img102_zpsmsvvalva.jpg (http://s1265.photobucket.com/user/DocAlan/media/img102_zpsmsvvalva.jpg.html)

This " proof " silver 25 pesos coin shows First President of the Philippines Emilio Aguinaldo (1899 - 1901 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img107_zps9gpfzjth.jpg (http://s1265.photobucket.com/user/DocAlan/media/img107_zps9gpfzjth.jpg.html)

The reverse of the coin depicts " Ang Bagong Lipunan " ( President Ferdinand Marcos’s " New Society " ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/img108_zpsqbb0exgn.jpg (http://s1265.photobucket.com/user/DocAlan/media/img108_zpsqbb0exgn.jpg.html)

Michael Parnham

24th March 2016, 12:14

Very interesting, thank you:xxgrinning--00xx3:

Doc Alan

8th April 2016, 18:57

The 1975 proof sets ( #1, http://bit.ly/1oJnqK8 ) are quite common - over 36,000 sold. The 1976 sets, shown here, sold less than 10,000 - a relatively small number, which declined even further in succeeding years. This was due to declining popularity of then-President Marcos, and changes of fortune for the Franklin Mint in Pennsylvania, where the sets were produced.

The P50 coin shows the emblems of four international economic organizations including the International Monetary Fund.

The P25 showed a young Filipino rice farmer.

The other coins feature Marcos, Jose Rizal, Filipino painter Juan Luna, past national leader Francisco Baltasar, " Mother of the Revolution " Melchora Aquino, and warrior chieftain Lapu-Lapu.

http://i1265.photobucket.com/albums/jj517/DocAlan/1976%20Philippines%20proofs%20a_zps2nulftwr.jpg (http://s1265.photobucket.com/user/DocAlan/media/1976%20Philippines%20proofs%20a_zps2nulftwr.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1976%20Philippines%20proofs%20b_zpsjimb4ejd.jpg (http://s1265.photobucket.com/user/DocAlan/media/1976%20Philippines%20proofs%20b_zpsjimb4ejd.jpg.html)

fred

9th May 2016, 04:04

Here are some strange new looking Bank notes....Election special editions??

http://vote2013.verafiles.org/wp-content/uploads/sites/7/2013/05/Vote-Buying-Graphics.jpg

Tawi2

9th May 2016, 15:15

They are going to be interesting to numismatists of the future Fred :icon_lol:

Doc Alan

5th July 2016, 21:06

More examples of the second series of banknotes issued since independence - so-called " Filipino series " ...

The P5 note features Emilio Aguinaldo and is signed here by Fidel Ramos, 12th President ( 1992 - 1998 ) :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Ramos%20-%20Aguinaldo%20P5_zps2zbecvvo.jpg (http://s1265.photobucket.com/user/DocAlan/media/Ramos%20-%20Aguinaldo%20P5_zps2zbecvvo.jpg.html)

The reverse features the Philippine declaration of independence by Aguinaldo on June 12, 1898 :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P5%20reverse_zpsmzoapzhg.jpg (http://s1265.photobucket.com/user/DocAlan/media/P5%20reverse_zpsmzoapzhg.jpg.html)

The P10 note features Apolinario Mabini, Philippines First Minister and Secretary of Foreign Affairs, with a letter written by him. It is also signed by President Ramos :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Ramos%20-%20Mabini%20P10_zpsdpklfjzb.jpg (http://s1265.photobucket.com/user/DocAlan/media/Ramos%20-%20Mabini%20P10_zpsdpklfjzb.jpg.html)

The reverse features the Barasoain Church in Malolos, Bulacan, site of the First Philippine Congress and where the Malolos Constitution was drafted ; initiation rites of the Katipunan on the right :-

http://i1265.photobucket.com/albums/jj517/DocAlan/P10%20reverse_zpsyyngnc6q.jpg (http://s1265.photobucket.com/user/DocAlan/media/P10%20reverse_zpsyyngnc6q.jpg.html)

Doc Alan

1st September 2016, 20:06

Fewer than 4,800 proof coin sets were sold in 1978 ( compared to ~36,500 in 1975 and ~10,000 in 1976 ). This set featured two coins with special commemorative designs honouring the 100th anniversary of the birth of Manuel Quezon, in Baler ( Aurora province, Luzon ).

Quezon served as the second president of the country, after Aguinaldo, whom he had supported in the struggle for independence against the United States. He was first president of the Philippine Commonwealth, from 1935 - 1944. The Commonwealth official seal is shown on the silver 50 peso coin. After Japan invaded and occupied the country in 1942, he formed a government in exile in the United States. He died from tuberculosis in New York, before full Philippine independence was established in 1946.

The silver 25 pesos coin features the Quezon Memorial Circle, a national park and shrine in Quezon City, which was capital of the Philippines between 1948 - 1976. Its main feature is a mausoleum containing the remains of Quezon and his wife. The monument, completed in 1978, consists of three vertical pylons ( representing Luzon, the Visayas, and Mindanao ), 66m tall ( representing Quezon’s age when he died ), surrounded by three mourning angels holding sampaguita.

The other coins are identical to those in previous sets.

http://i1265.photobucket.com/albums/jj517/DocAlan/img243_zps3unwkqpv.jpg (http://s1265.photobucket.com/user/DocAlan/media/img243_zps3unwkqpv.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/img244_zpszbk2hsuf.jpg (http://s1265.photobucket.com/user/DocAlan/media/img244_zpszbk2hsuf.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Quezon%20Memorial%20Circle_zpsazr5hbjf.jpg (http://s1265.photobucket.com/user/DocAlan/media/Quezon%20Memorial%20Circle_zpsazr5hbjf.jpg.html)

Steve.r

1st September 2016, 20:21

Do you have a collection of these notes and coins Alan?

Doc Alan

1st September 2016, 20:32

Do you have a collection of these notes and coins Alan?

Yes, Steve :smile:. Most of the scanned images on this thread, also the stamps and " Vintage " threads, are from my own collection.

They are of great personal interest, and I'm happy to see many " views and responses " on our Forum.

I have no intention of ever selling them:biggrin: . I hope they will be appreciated when I'm no longer around, but haven't seriously considered that so far:NoNo:.

Steve.r

1st September 2016, 21:14

A great collection Alan. I have a vast stamp collection of mint sets and first day covers. Not really worth much now, but maybe one day, or just something to pass to my children.

Doc Alan

21st September 2016, 13:32

In 1944 over 60 million of these " Victory " banknotes were issued, part of a series to be used after the return of MacArthur. When he came ashore in Leyte he was allegedly carrying some of them in his pocket. The vast majority did not survive over the next 70+ years, and this one is unusual in being " uncirculated ".

It is signed by President Sergio Osmena ( 1944-1946 ) and Jaime Hernandez ( Auditor General ).

The note depicts Apolinario Mabini ( 1864 - 1903 ), Filipino revolutionary leader, and first Prime Minister, who became incapacitated by polio, and died prematurely ( of cholera ).

Mabini’s name lives on in at least four municipalities ( Batangas, Bohol, Compostela Valley and Pangasinan ).

http://i1265.photobucket.com/albums/jj517/DocAlan/Victory%201P%20Osmena%20Hernandez_zpsy9vfbeb5.jpg (http://s1265.photobucket.com/user/DocAlan/media/Victory%201P%20Osmena%20Hernandez_zpsy9vfbeb5.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Victory%201P%20reverse_zpsjtrvhj4k.jpg (http://s1265.photobucket.com/user/DocAlan/media/Victory%201P%20reverse_zpsjtrvhj4k.jpg.html)

Michael Parnham

21st September 2016, 18:01

Unusual Indeed Alan, I like the way you always provide the historical detail, keep up the good work:xxgrinning--00xx3:

Doc Alan

22nd September 2016, 08:15

Unusual indeed Alan, I like the way you always provide the historical detail, keep up the good work:xxgrinning--00xx3:

Thank you Michael :smile:.

Doc Alan

22nd December 2016, 18:21

This " New Design Series " banknote, while of no purchasing value, is of historical interest because it is a special commemorative issue.

It is signed by the 11th president ( and first female president ) of the Philippines, Corazon Aquino, dated 15-23 September 1986. It marks her visit to the U.S.A., after earlier being sworn into office ( February of that year ). Her husband, Benigno Aquino, had been assassinated at Manila airport in August 1983. It took Ronald Reagan until April to personally congratulate her by telephone ( having backed Marcos until finally being convinced that " The Marcos era has ended " ). Corazon Aquino addressed Congress, but without Reagan granting her the full honour of a state visit. She passed away ( from colon cancer ) in 2009.

The banknote also shows Emilio Aguinaldo ( First President, 1899 - 1901 ), the reverse featuring his proclamation of independence from Spain on June 2 1898.

http://i1265.photobucket.com/albums/jj517/DocAlan/Sep%201986%20Cory%20Aquino%20USA_zpsgn8omizn.jpg (http://s1265.photobucket.com/user/DocAlan/media/Sep%201986%20Cory%20Aquino%20USA_zpsgn8omizn.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Sep%201986%20reverse_zps1eizd6uz.jpg (http://s1265.photobucket.com/user/DocAlan/media/Sep%201986%20reverse_zps1eizd6uz.jpg.html)

fred

23rd December 2016, 03:16

Peso bills with Rody signatures out
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) released yesterday the first batch of banknotes bearing the signature of President Duterte worth P8.75 billion.
BSP Deputy Governor Diwa Guinigundo said the 27 million pieces of P20, P50, P100, P200, P500 and P1,000 new generation currency (NGC) bills were released to banks in the National Capital Region and areas outside NCR.

http://media.philstar.com/images/the-philippine-star/headlines/20161221/Peso-money-signed-by-President-Duterte.jpg

http://www.philstar.com/headlines/2016/12/21/1655537/peso-bills-rody-signatures-out

Doc Alan

5th January 2017, 20:01

Forty years ago this set of proof coins was issued. As with the previous issues the coins bore the Martial Law slogan " Ang Bagong Lipunan ". Less than 5,000 sets were sold - a very low number compared to over 36,000 in 1975, which together with the P25 and P50 coins being silver, has markedly increased its present day value. The sets were originally sold for today’s equivalent of U.S. $70.

http://i1265.photobucket.com/albums/jj517/DocAlan/1977%20Philippines%20obverse_zpsmgjfw0ee.jpg (http://s1265.photobucket.com/user/DocAlan/media/1977%20Philippines%20obverse_zpsmgjfw0ee.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1977%20Philippines%20reverse_zpsmrudrtbo.jpg (http://s1265.photobucket.com/user/DocAlan/media/1977%20Philippines%20reverse_zpsmrudrtbo.jpg.html)

While the lower denomination coins are the same as in the previous sets, the P25 coin featured the 2,000-year-old Banawe/Banaue rice terraces, carved into the mountains of Ifugao by ancestors of the indigenous people, around 1500 metres (5000 ft) above sea level, in north Luzon.

http://i1265.photobucket.com/albums/jj517/DocAlan/1977%20P25%20Rice%20terraces_zps1azpyi6x.jpg (http://s1265.photobucket.com/user/DocAlan/media/1977%20P25%20Rice%20terraces_zps1azpyi6x.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Rice%20Terraces%20Philippines_zpsy0kfrthg.jpg (http://s1265.photobucket.com/user/DocAlan/media/Rice%20Terraces%20Philippines_zpsy0kfrthg.jpg.html)

The P50 coin commemorates the the Central Bank Security Printing Plant in Quezon City, formally inaugurated by President Marcos in the following year. It also shows two early Philippine coins ( from around 1903 ), with the standing female figure of Liberty ( Libertas being a Roman goddess, depicted on many coins worldwide ), and a Filipino man kneeling against an anvil ( an allegory for hard work done by Filipinos in building their future ). Mount Mayon volcano is on both.

http://i1265.photobucket.com/albums/jj517/DocAlan/1977%20P50%20SPP_zpsdm41qyre.jpg (http://s1265.photobucket.com/user/DocAlan/media/1977%20P50%20SPP_zpsdm41qyre.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/BSP%20Quezon%20City_zpskurk6riu.jpg (http://s1265.photobucket.com/user/DocAlan/media/BSP%20Quezon%20City_zpskurk6riu.jpg.html)

The Printing Plant is close to the Philippine Heart Center, which had been inaugurated two years earlier.

http://i1265.photobucket.com/albums/jj517/DocAlan/Heart%20Center%20for%20Asia%201975%20FDC_zps1s0jy7x5.jpg (http://s1265.photobucket.com/user/DocAlan/media/Heart%20Center%20for%20Asia%201975%20FDC_zps1s0jy7x5.jpg.html)

This is my photo from the Center almost 40 years ago :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Heart%20Center%201978_zpstmhozcch.jpg (http://s1265.photobucket.com/user/DocAlan/media/Heart%20Center%201978_zpstmhozcch.jpg.html)

Doc Alan

5th January 2017, 20:10

As the 1978 proof set photos are not available in #40 ( my free Photobucket allowance was full ), they may be seen here :-

The set featured two coins with special commemorative designs honouring the 100th anniversary of the birth of Manuel Quezon, in Baler ( Aurora province, Luzon )..

Quezon served as the second president of the country, after Aguinaldo, whom he had supported in the struggle for independence against the United States. He was first president of the Philippine Commonwealth, from 1935 - 1944. The Commonwealth official seal is shown on the silver 50 peso coin. After Japan invaded and occupied the country in 1942, he formed a government in exile in the United States. He died from tuberculosis in New York, before full Philippine independence was established in 1946.

The silver 25 pesos coin features the Quezon Memorial Circle, a national park and shrine in Quezon City, which was capital of the Philippines between 1948 - 1976. Its main feature is a mausoleum containing the remains of Quezon and his wife. The monument, completed in 1978, consists of three vertical pylons ( representing Luzon, the Visayas, and Mindanao ), 66m tall ( representing Quezon’s age when he died ), surrounded by three mourning angels holding sampaguita..

http://i1265.photobucket.com/albums/jj517/DocAlan/1978%20Philippines%20obverse_zpsupp2ihpi.jpg (http://s1265.photobucket.com/user/DocAlan/media/1978%20Philippines%20obverse_zpsupp2ihpi.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1978%20Philippines%20reverse_zpsevl0zwve.jpg (http://s1265.photobucket.com/user/DocAlan/media/1978%20Philippines%20reverse_zpsevl0zwve.jpg.html)

Things were indeed very different ~40 years ago when I first visited the Philippines.

In the UK, Prime Minister was James Callaghan ; David Owen at 38 was the youngest post-WWII Foreign Secretary ; Red Rum won the Grand National for the third time ; the M5 Motorway was completed ; it was the Silver Jubilee of Queen Elizabeth’s reign ; Freddie Laker launched his budget Skytrain airline ; colour TV licences exceeded black and white licences for the first time ; inflation was around 16%.

The Philippines had been under Martial Law since September 1972. In 1973 Marcos ordered public execution of a drug trafficker by firing squad. In 1975 Imelda Marcos became Governor of Metro Manila. In 1977 Benigno " Ninoy " Aquino was sentenced to death ( later commuted by Marcos ). In 1978 U.S. Vice President Walter Mondale urged Marcos to " promote liberty and democracy ".

As a visiting young doctor, I saw high standards in the best hospitals ( but couldn’t afford to work in the country on the available salary ) ; a vibrant nightlife in Manila ; more security and less traffic than now. Exchange rates were around P8 for U.S.$ 1, and £1 was worth U.S. $2.

More than one test for Marcos, indeed, by 1978 and beyond …

http://i1265.photobucket.com/albums/jj517/DocAlan/Marcos%201978%20Newsweek_zpsduxxfsca.jpg (http://s1265.photobucket.com/user/DocAlan/media/Marcos%201978%20Newsweek_zpsduxxfsca.jpg.html)

Michael Parnham

5th January 2017, 21:23

Very interesting post Alan as per usual, also Happy New Year to you and your family:xxgrinning--00xx3:

Doc Alan

5th January 2017, 21:38

Very interesting post Alan as per usual, also Happy New Year to you and your family:xxgrinning--00xx3:

Thank you Michael, Happy New Year also to you and yours :smile:.

Arthur Little

6th January 2017, 03:15

Thankyou, Alan ... for ANOTHER very welcome and informative update to this thread of yours. :xxgrinning--00xx3:

Doc Alan

6th January 2017, 13:22

My pleasure, Arthur, and good to see over 8,000 views of this thread :smile:.

Doc Alan

17th May 2017, 09:45

This is the 1979 proof coinage of the Philippines.

Only 3,645 sets were minted, compared to 36,516 in 1975 , and 300 million new pound coins issued by the UK Royal Mint this year).

It included two silver coins bearing special commemorative designs. The P50 coin honoured the International Year of the Child, proclaimed by United Nations to draw attention to worldwide problems affecting children, including malnutrition and lack of access to education.

The P25 coin paid tribute to the United Nations Conference on Trade and Development ( a permanent intergovernmental body ), which met at the Philippine International Convention Center in Manila. The Center is part of the Cultural Center of the Philippines complex in Pasay, Metro Manila. It was inaugurated in 1976, when it hosted an International Monetary Fund meeting. This had been part of the Marcos plan to make Manila one of South East Asia’s financial centres. Around this time, there had been a frenetic phase of building that would transform Manila’s skyline, including 12 luxury hotels, such as the Peninsula Manila, which opened in 1976.

http://i1265.photobucket.com/albums/jj517/DocAlan/1979%20Philippines%20proof%20coins_zpspr2xwdnf.jpg (http://s1265.photobucket.com/user/DocAlan/media/1979%20Philippines%20proof%20coins_zpspr2xwdnf.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/1979%20Philippines%20proof%20coins%20a_zps06jdiipj.jpg (http://s1265.photobucket.com/user/DocAlan/media/1979%20Philippines%20proof%20coins%20a_zps06jdiipj.jpg.html)

International Convention Center :-

http://i1265.photobucket.com/albums/jj517/DocAlan/PICC_zps2cttvtgl.jpg (http://s1265.photobucket.com/user/DocAlan/media/PICC_zps2cttvtgl.jpg.html)

I don’t regard these sets as investments, and would never sell them, but I do find them of aesthetic and historical interest. It’s good to to note nearly 10,000 views of this thread on our Forum :smile:.

Doc Alan

3rd June 2017, 20:44

This 1963 silver 1 peso coin, of which 100,000 were issued, commemorated the 100th anniversary of the birth of Andres Bonifacio.

Two years previously the peso had been allowed - under President Diosdado Macapagal - to float on the free currency exchange market. By " unpegging " it from the US dollar, it was intended to stimulate economic development. In 1963 there were around P3 to $1 ( which itself was less than 3 to £1 ).

http://i1265.photobucket.com/albums/jj517/DocAlan/Bonifacio%20P1%201963_zpsf7oercmn.jpg (http://s1265.photobucket.com/user/DocAlan/media/Bonifacio%20P1%201963_zpsf7oercmn.jpg.html)

http://i1265.photobucket.com/albums/jj517/DocAlan/Bonifacio%20P1%201963%20reverse_zpsmyobttzj.jpg (http://s1265.photobucket.com/user/DocAlan/media/Bonifacio%20P1%201963%20reverse_zpsmyobttzj.jpg.html)

Bonifacio was one of the Philippine heroes in the revolution against the colonial rule of Spain. There is a 14m high monument in South Caloocan, sculpted by Guillermo Tolentino in 1933. This view shows the monument around the time the peso coin was issued :-

http://i1265.photobucket.com/albums/jj517/DocAlan/Andres%20Bonifacio%20Monument%201960s_zpsxj41zgnf.jpg (http://s1265.photobucket.com/user/DocAlan/media/Andres%20Bonifacio%20Monument%201960s_zpsxj41zgnf.jpg.html)