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2 Pesos Philippine Islands, Treasury certificate, Pesos over 2
| Issuer | Treasury of the Philippine Islands |
|---|---|
| Year | 1929 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 170 x 80 mm |
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|---|---|
| Obverse lettering | TREASURY CERTIFICATE BY AUTHORITY OF AN ACT OF THE PHILIPPINE LEGISLATURE APPROVED BY THE PRESIDENT OF THE UNITED STATES JUNE 13, 1922 THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE TREASURY OF THE PHILIPPINE ISLANDS TWO PESOS PAYABLE TO THE BEARER ON DEMAND IN SILVER PESO OR IN GOLD COIN OF THE UNITED STATES OF EQUIVALENT VALUE TWO PESOS TWO PESOS SERIES OF 1929 PHILIPPINE ISLANDS |
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| Signature(s) | Theodore Roosevelt & S. Lagdameo Frank Murphy & S. Lagdameo |
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| Comments |
The Philippine Islands Treasury certificates were a direct product of American colonial administration — issued under U.S. authority but denominated in pesos, a deliberate hybrid reflecting the islands' political status as neither independent nor a formal U.S. territory in the conventional sense. Pick 74 circulated through the Commonwealth transition period, which is why two distinct signature combinations appear: Roosevelt here precedes Frank Murphy, who served as Governor-General from 1933 before becoming the first U.S. High Commissioner under the 1934 Tydings-McDuffie Act.
S. Lagdameo served as Insular Treasurer across both administrations, making him the constant signature through a significant constitutional shift.