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| 正面描述 | 登录 以查看详情 |
|---|---|
| 正面铭文 | PHILIPPINE NATIONAL BANK CIRCULATING NOTE THE PHILIPPINE NATIONAL BANK WILL PAY THE BEARER ON DEMAND ONE PESO IN LAWFUL CURRENCY OF THE PHILIPPINE ISLANDS ISSUED UNDER THE PROVISIONS OF ACT NUMBERED 2612 AS AMENDED BY ACTS 2747 AND 2938 OF THE PHILIPPINE LEGISLATURE |
| 背面描述 | Entirely engraved in green ink, the reverse displays 'ONE PESO' at the top center in ornate serif lettering, followed by 'PHILIPPINE NATIONAL BANK' and 'CIRCULATING NOTE' in large bold capitals. The central field is framed by an intricate guilloche border with numeral '1' corner vignettes and elaborate scrollwork at the top and bottom margins. A small framed legal tender clause appears in the lower central area. |
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The "Conant" designation refers to Charles A. Conant, the American financial adviser whose 1903 currency reforms established the gold-exchange peso as the foundation of Philippine monetary policy under U.S. administration. The Philippine National Bank, founded in 1916, inherited that framework and issued circulating notes against it — though by 1921 the PNB was already in serious financial trouble, having made massive unsecured loans during the post-WWI commodities boom that collapsed spectacularly in 1920.
The red seal distinguishes this issue from earlier black-seal printings of the series. "Amended by 2 acts" in the governing legislation text reflects successive U.S. Congressional modifications to the bank's charter — the wording change was legally required, not cosmetic.