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| 正面描述 | 登录 以查看详情 |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Entirely engraved and printed in golden yellow, the reverse is dominated by a central guilloche panel bearing the bold legend PHILIPPINE ISLANDS over a decorative palm-frond vignette. The numeral 5 appears in each corner within elaborate scrollwork cartouches, and the panels FIVE PESOS are inscribed in two horizontal banners at the top, flanking a central V ornament. The lower border carries three small oval counters reading FIVE and a central cartouche inscribed FIVE PESOS, all framed by intricate lathe-work borders. |
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| 签名 | Dwight F. Davis and A.P. Fitzsimmons |
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| 防伪描述 | 登录 以查看详情 |
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Treasury certificates were introduced in the Philippines in 1918 to replace the older silver certificates, backed initially by a peso-for-peso silver reserve held in Manila. By 1929, the Philippine economy was deeply enmeshed with the U.S. dollar system, and these notes circulated alongside American currency at a fixed two-to-one rate. Dwight F. Davis — whose signature appears here as Secretary of War — is better known as the donor of the Davis Cup tennis trophy, a biographical detail that still surprises collectors.
The BEP-produced plates gave the series a visual authority that local printing could not have matched, though all engraving costs were charged back to the insular government in Manila.