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20 Pesos

Uitgever Treasury of the Philippines
Jaar 1941
Type Standard circulation banknote
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Opschrift voorzijde TREASURY CERTIFICATE
PHILIPPINES
THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE TREASURY OF THE
PHILIPPINES
TWENTY PESOS
PAYABLE TO THE BEARER ON DEMAND
COMMONWEALTH OF THE PHILIPPINES
UNITED STATES OF AMERICA
MANILA PHILIPPINES
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde TWENTY PESOS
TWENTY
20
PHILIPPINES
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Opmerkingen

The Commonwealth of the Philippines issued this note under its own Treasury authority, but the Bureau of Engraving and Printing in Washington handled production — an arrangement that reflected the islands' transitional political status following the 1935 constitution, which established the Commonwealth as a stepping stone toward full independence scheduled for 1946. That independence was already in serious doubt by the time these notes reached Manila; Japanese forces landed at Luzon in December 1941, just months after this series was issued.

Much of the 1941 currency stock was destroyed by retreating American and Filipino forces to prevent capture. Notes that survived did so largely outside normal banking channels.

MISSCHIEN OOK INTERESSANT