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100 Pesos Treasury certificate, Government seal
| Issuer | Philippine Islands Treasury |
|---|---|
| Year | 1929 |
| Type | Standard circulation banknote |
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| 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 PHILIPPINE ISLANDS ONE HUNDRED PESOS BY AUTHORITY OF AN ACT OF THE PHILIPPINE LEGISLATURE APPROVED BY THE PRESIDENT OF THE UNITED STATES JUNE 13, 1922 PAYABLE TO THE BEARER ON DEMAND IN SILVER PESOS OR IN GOLD COIN OF THE UNITED STATES OF EQUIVALENT VALUE |
| Reverse description | Log in to see details |
| Reverse lettering | PHILIPPINE ISLANDS ONE HUNDRED PESOS 100 PESOS 100 PESOS |
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| Comments |
The Philippine Islands Treasury certificates of this series were printed in Washington under the terms of the Organic Act of 1902, which gave the U.S. Bureau of Engraving and Printing responsibility for Philippine government currency production — a arrangement that persisted well into the Commonwealth period. The 100 Peso denomination was substantial relative to prevailing wages in the archipelago, meaning most examples that survived did so as store-of-value holdings rather than through heavy transactional use.
Pick 79 is among the scarcer high-denomination certificates of the series. The Japanese occupation and the subsequent 1944–45 liberation campaign destroyed enormous quantities of pre-war Philippine paper currency, both through deliberate policy and combat damage to bank vaults in Manila.