Catalog
50 Pesos Philippines
| Issuer | Treasury of the Philippines |
|---|---|
| Year | 1936 |
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| Reference(s) | P#86 |
| Obverse description | Intaglio-printed vignette of General Henry W. Lawton in military uniform, facing three-quarters right, set within an ornate oval frame at left, with his name inscribed below. The centre and right portions carry large denomination text over a salmon-orange guilloche underprint, with the Commonwealth of the Philippines treasury seal in red at lower right. Denomination numerals '50' appear in the upper and lower corners, and 'TREASURY CERTIFICATE' is lettered in a cartouche along the lower border. |
|---|---|
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| Reverse lettering | FIFTY PESOS PHILIPPINES FIFTY PESOS PHILIPPINES 50 |
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| Comments |
The Treasury of the Philippines series printed by the Bureau of Engraving and Printing in Washington reflects the Commonwealth period, when the Philippines operated under U.S. tutelage following the 1935 Tydings-McDuffie Act transition. These notes were issued under joint Philippine-American fiscal authority, with the Treasury of the Philippines nominally responsible but the monetary architecture still tightly controlled from Washington.
The 1936 series had a short effective life. Japanese occupation from 1942 onward rendered Commonwealth currency functionally obsolete, and the postwar liberation brought a separate currency reorganization. Surviving examples in any grade above heavily circulated are harder to source than the catalog frequency suggests.