Linggo, Mayo 1, 2011

US Administration Philippine One Peso Silver Coins

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These are one silver peso coins when the Philippine Islands became a US Commonwealth, and the arms of the Commonwealth were adopted. This seal is composed of a much smaller eagle with its wings pointed up, perched over a shield with peaked corners, above a scroll reading "Commonwealth of the Philippines". It is a much busier pattern, and widely considered less attractive.

These coins were minted at Philadelphia, San Francisco, Denver, and (after it was opened in 1920) Manila mints. Most of the Manila mintages occurred after 1925. They have S, D, and M mint marks. Several proof sets were made for collectors, from 1903 to 1908. These were unpopular at the time, and many were later broken up and released into circulation. Some coins were minted in extremely small numbers (as few as 500 pieces occurred in 1905, 1906, & 1908). Also, many were lost when the defenders of Corregidor threw them into the ocean, rather than surrender the Philippine national treasury to the Japanese. Only about 80% were ever recovered, and many of those were badly corroded. However the rarest coins are the 1906-s peso with as few as 250 coins in existence; but the rarest is the 1910-s Ten Centavaos with the only known coin which was on display at the Manila mint, being lost due to the bombing of Manila in 1945 as that the mint building was completely destroyed.
1 Peso Silver Coin


1904 S



1905S

1907S

1908S

1909S

1910S

1912S




 Year                     Mintage 
 1903                       2,558        Proof 
 1903                2,791,000 
 1903S            11,361,000       with mintamark 
 1904                       1,355       Proof 
 1904                     11,000       rare 
 1904S              6,600,000      with mintmark 
 1905                          471      Proof Only 
 1905S              6,056,000      with mintmark, curved serif on "1" 
 1905S                                    with mintmark, straight serif on "1" 
 1906                          500      Proof Only 
 1906S                 201,000      with Mint mark; ultra rare (counterfeits common)                                
 1907                              2      Proof only; without mintmark 
 1907S            10,276,000 
 1908                          500      Proof only; witout mintmark 
 1908S            20,955,000 
 1909S              7,578,000 
 1910S              3,154,000
 1911S                 463,000       rare 
 1912S                 680,000       rare      

Biyernes, Abril 29, 2011

Victory Series Philippine Note

'Victory' series

The 'Victory' note series was printed in 1944, to be used upon the return of MacArthur. When he came ashore in Leyte on Oct. 20th, 1944, he was purportedly carrying some of these in his pocket. They definately brought many crates full of these notes with them during this landing.
According to a BEP report the number 66 (for the series) was chosen because that was President Quezons age when he died just prior to the liberation of the Philippines.
VICTORY notes were printed at the U.S. BUREAU of Engraving and Printing- the last Philippine currency printed by the US. Replacement notes are indicated by a star prefix to the serial number. There are also signature combinations which are harder to find. The signature combinations are as follows:
  • S. Osmena and J Hernandez (w/ title of Auditor General) [most common except for 500P]
  • S. Osmena and M. Guevara (w/ title of Treasurer) [100 & 500 only - rare]
  • M. Roxas and M. Guevara (not found on 1, 5 or 10 - rarest on others]
Denomination & Description Signature Delivered
1 peso, Mabini S. Osmena, J.Hernandez 61,192,000
2 pesos, Rizal S. Osmena,J.Hernandez 16,231,272
5 pesos, McKinley & Dewey S. Osmena, J.Hernandez 17,355,000
10 pesos, Washington S. Osmena, J.Hernandez 16,825,600
20 pesos, Mt Mayon S. Osmena, J.Hernandez 12,439,635
20 pesos, Mt Mayon Manuel Roxas, M.Guevara 1,063,765
50 pesos, Gen Lawton S. Osmena, J.Hernandez 1,884,686
50 pesos, Gen Lawton Manuel Roxas, M.Guevara 456,414
100 pesos, Magellan S. Osmena, J.Hernandez 487,335
100 pesos, Magellan S. Osmena, M. Guevara 363,266
100 pesos, Magellan Manuel Roxas, M.Guevara 404,799
500 pesos, Legaspi S. Osmena, J.Hernandez 12,991
500 pesos, Legaspi S. Osmena, M. Guevara 130,725
500 pesos, Legaspi Manuel Roxas, M.Guevara 163,284
These currency notes were for use only in the Philippines, and were obligations of the Philippine Treasury. The 500 Peso Philippine Victory Notes were demonetized by the Philippine government on December 31, 1957, and were withdrawn from circulation. At that point, other denominations of the Philippine Victory Notes, Victory Series 66, were no longer regarded as legal tender but could be exchanged or replaced at par, without charge, for legal currency until July 30, 1967. After that date, Series 66 was considered demonetized.

Special 'Victory' series issues

One Peso

Signed by: S. Osmena, J.Hernandez


Thick Over Print






Medium Over Print
Thin Over Print
 Thick, Medium and Thin Series CBP Over Print 


Obverse: portrait of Apolinario Mabini, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse: "One Philippine Peso" with "VICTORY Central Bank Of The Philippines" overprint


Text
By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines One Peso payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66, Treasury Certificate


Two Pesos


Signed by M. Roxas and M. Guevara (Rare)


Signed by S. Osmena, J.Hernandez
Obverse: Portrait of Jose Rizal, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse: "Philippines", "2 Pesos" with "Victory" overprint

Text
By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines Two Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66



5 Pesos


Signed by S. Osmena, J.Hernandez




Obverse: Portrait of McKinley and Dewey, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse:, "5 Pesos" with "Victory" overprint


Text
Treasury Certificate. By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines Five Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66, Five Pesos


Ten Pesos


Signed by S. Osmena, J.Hernandez





Obverse: Portrait of Washington, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse:, "10 Pesos" with "Victory" overprint

Text
Ten Pesos, Treasury Certificate. By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines Ten Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66.

Twenty Pesos


Signed by S. Osmena, J.Hernandez





Obverse: Portrait of Mt. Mayon, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse:, "20 Pesos" with "Victory" overprint

Text
 Treasury Certificate. By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines Twenty Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66.

Fifty Pesos



Signed by S. Osmena, J.Hernandez


Victory Overprint
With Victory Central Bank Of The Philippines Overprint


Obverse: Portrait of Lawton, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse:, "50 Pesos" with "Victory"  and Victory Central Bank of the Philippines overprint

Text
 Treasury Certificate. By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines Twenty Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66. Treasury Certificate


One Hundred Pesos



Signed by S. Osmena, M. Guevara (Scarce)


Obverse: Portrait of Magellan, seal of the Philippine-American Commonwealth with overprint: "Manila, Philippines"
Reverse:, "50 Pesos" with Victory Central Bank of the Philippines overprint

Text
 Treasury Certificate. By authority of an act of the Philippine Legislature. Approved by the President of the United States June 13, 1922. This certifies that there has been deposited in the treasury of the Philippines 100 Pesos payable to the bearer on demand; in silver pesos or in legal tender currency of the United States of equivalent value." Victory series no. 66. Treasury Certificate


Signatures on 'Victory' series notes

sig0
J. Hernandez
sig1
M. Guevara
sig2
M. Roxas
sig3
S. Osmena