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20 Pesos Blue seal

Uitgever Bank of the Philippine Islands
Jaar 1928-1933
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
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Ontwerper(s) Log in om details te zien
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In omloop tot Log in om details te zien
Referentie(s) P#18
Beschrijving voorzijde Intaglio-printed vignette of a young Filipina woman at left, rendered in fine engraved detail with sheaves of grain, facing slightly right. The bank title 'The Bank of the Philippine Islands' appears in ornate script at centre, above the denomination 'TWENTY PESOS' in bold letterpress. A circular blue seal of the Bank of the Philippine Islands is positioned at right, accompanied by a serial number in blue, with two manuscript signatures below — Cashier at left and President at right — over the issue date 'Manila, P.I., January 1, 1928'.
Opschrift voorzijde THE BANK OF THE PHILIPPINE ISLANDS WILL PAY TO THE BEARER ON DEMAND TWENTY PESOS MANILA P.I. JANUARY 1 1928 CASHIER PRESIDENT
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Bank of the Philippine Islands was a private commercial bank — not a government institution — yet it was legally authorized to issue circulating currency under American colonial banking law. This note was produced by the Bureau of Engraving and Printing in Washington, a supplier to several Philippine chartered banks during the insular period, which often leads collectors to mistake these for U.S. government-issued Philippine currency. They are not.

The blue seal distinguishes this series from the red-seal issues that preceded it. BPI's note-issuing privilege was ultimately extinguished by the Commonwealth government in the mid-1930s as Manila moved toward establishing a central monetary authority.

MISSCHIEN OOK INTERESSANT