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20 Pesos Mountain, Treasury certificate, Without blue XX
| Issuer | Treasury of the Philippine Islands |
|---|---|
| Year | 1918 |
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| Composition | Paper |
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| Obverse description | Central vignette of Mayon Volcano rendered in fine intaglio engraving against a yellow guilloche underprint, with radiating light beams extending across the upper field and tropical vegetation in the foreground. The legend PHILIPPINE ISLANDS arches across the upper portion in bold lettering, with TWENTY PESOS in a scroll panel at the bottom centre. A circular blue seal of the Government of the Philippine Islands, United States of America is positioned at the right, with the series date SERIES OF 1918 and alphanumeric serial number appearing twice on the face. |
|---|---|
| Obverse lettering | TREASURY CERTIFICATE BY AUTHORITY OF AN ACT OF THE PHILIPPINE LEGISLATURE APPROVED BY THE PRESIDENT OF THE UNITED STATES MAY 6, 1918 THIS CERTIFIES THAT THERE HAVE BEEN DEPOSITED IN THE TREASURY OF THE PHILIPPINE ISLANDS TWENTY PESOS PAYABLE TO THE BEARER ON DEMAND IN SILVER PESOS OR IN GOLD COIN OF THE UNITED STATES OF EQUIVALENT VALUE PHILIPPINE ISLANDS SERIES OF 1918 |
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| Comments |
The "Mountain" series treasury certificates were introduced for the Philippine Islands in the late 1910s to replace the earlier peso issues that had circulated since American administration began in 1903. Pick 64 is distinguished by the absence of the blue "XX" overprint found on related notes in the same series — that overprint was applied to certain denominations at specific issue points, and its omission here reflects a printing specification rather than a post-issue removal.
The Bureau of Engraving and Printing handled all Philippine treasury certificate production during this period, a deliberate colonial policy keeping plate security and paper control firmly in Washington.