Saturday, August 22, 2009

My Shredded banknotes


( 1000 Pesos Shredded Bills )


( 500 Pesos Shredded Bills )

What you see is real this are not play money. I got my shredded bill from Rex Dianala.He is from Iloilo Philippines.According to him he got these banknotes for free, already shredded. Sometimes, the Bangko Sentral gives away shredded money when they have exhibits around the country. Of course they don't shred them just for that! The Central Bank regularly shreds worn-out and defective paper bills so they may be replaced with fresh notes. When they misspelled the president's name as "Arrovo" instead of "Arroyo", they were forced to shred millions of 100 peso bills.


( 100 Pesos Shredded Bills )

In the United States, their federal reserve shreds so much of their banknotes (7000 tons annually!) they are having a problem of where to place them all. They've used the shreds as stuffing for mattresses but the dirty bills were just too smelly and causes rashes. They plan to use the shreds to make materials for roofing and for walls . They even plan to build entire buildings with it. Some prefer to make money stationery.


( 20 Pesos Shredded Bills )


( 50 Pesos Shredded Bills )

Note:I have extra 500 Pesos Shredded bill if you want some of it for souvenir email me at james_yayen@yahoo.com

Thankyou Kuya Rex Dianala for giving me this shredded banknotes :)

Reference

Thursday, August 20, 2009

5 Peso Bill w/ 40th Anniversary of Central Bank of the Philippines.


( Front )


( Back )

Note Coloration:Multicolored (Mainly Green)

Depictions: Front
Emilio Aguinaldo; 40th Anniversary of Central Bank of the Philippines Seal; Canon and plaque of Independence.

Back:Celebration of Independence 1898:Year 1987

Watermark:Emilio Aguinaldo

Note Size:6” by 2¾”

Interesting Features:Great note from the Philippines with interesting historical depictions. Note features a commemorative seal for the 40th Anniversary of Central Bank of the Philippines.

Grade:UNC

5 Peso Bill w/ The Visit of President Corazon Aquino in America Seal


( Front )


( Back )

Note Coloration:Multicolored (Mainly Green)

Depictions: Front
Emilio Aguinaldo; The Visit of President Corazon Aquino in America Seal; Canon and plaque of Independence.

Back:Celebration of Independence 1898:Year 1987

Watermark:Emilio Aguinaldo

Note Size:6” by 2¾”

Interesting Features:Great note from the Philippines with interesting historical depictions. Note features a commemorative seal for The Visit of President Corazon Aquino in America

Grade:UNC

5 Peso Bill w/ Kababaihan Para sa Kaunlaran Seal


( Front )


( Back )

Note Coloration:Multicolored (Mainly Green)

Depictions: Front
Emilio Aguinaldo; Kababaihan Para sa Kaunlaran Seal; Canon and plaque of Independence.

Back:Celebration of Independence 1898:Year 1987

Watermark:Emilio Aguinaldo

Note Size:6” by 2¾”

Interesting Features:Great note from the Philippines with interesting historical depictions. Note features a commemorative seal for the Kababaihan Para sa Kaunlaran Seal

Grade:UNC

5 Peso Bill w/ II Plenary Council Seal


( Front )


( Back )

Note Coloration:Multicolored (Mainly Green)

Depictions: Front
Emilio Aguinaldo; II Plenary Council Seal; Canon and plaque of Independence.

Back:Celebration of Independence 1898:Year 1991

Watermark:Emilio Aguinaldo

Note Size:6” by 2¾”

Interesting Features:Great note from the Philippines with interesting historical depictions. Note features a commemorative seal for the II Plenary Council

Grade:UNC

Reference

5 Peso Bill w/ Cannonization of Lorenzo Ruiz Seal


( Front )


( Back )


Note Coloration:Multicolored (Mainly Green)

Depictions: Front
Emilio Aguinaldo; Cannonization of Lorenzo Ruiz Seal; Canon and plaque of Independence.

Back:Celebration of Independence 1898:Year 1987

Watermark:Emilio Aguinaldo

Note Size:6” by 2¾”

Interesting Features:Great note from the Philippines with interesting historical depictions. Note features a commemorative seal for the Cannonization of Lorenzo Ruiz Seal

Grade:UNC


Reference

Saturday, August 15, 2009

20 Pesos Bill ( Dated 2008 A )

I found this 20 Pesos bill when my classmate pay his Debt. Accidentally I Found out that this 20 Pesos was dated " 2008 A ".An Anonymous commented in this post that the Banko Sentral ng Pilipinas (BSP) simply ran out of serial numbers for the standard 2008 notes (702 million, if you count single letter serial numbers), so to avoid duplicate serials, the "A" was added to the 702,000,001th note onwards.


( Front View )


( Back View )



Ok this is the closer view.

* Thankyou Joshua Garay - He is the one who pay this bill to me :P

Saturday, August 1, 2009

100Pesos - Arrovo Bill








A printing error was commited then by the Central Bank of the Philippines. Instead of printing ARROYO which stands for the last name of President Gloria Macapagal Arroyo, it is printed as ARROVO.It is really a good collector’s item. A bill that reveals the true nature of Arroyo.(Arrovo sounds like robo, a spanish word which means "to rob")

Friday, July 31, 2009

1949-2009 Central Banking in the Philippines






Philippines, new and just released Central Bank of the Philippines (CBP) 2009 Limited Issue Commemorative Banknotes celebrating the 60th Year of Central Banking in the Philippines. Set consisting of the 20 Peso, 50 Peso, 100 Peso, 200 Peso, 500 Peso And 1000 Peso banknotes with Overprint and signature combination Arroyo-Tetangco

Saturday, June 27, 2009

The Japanese Occupation (1942 - 1945) Last Issue

As inflation crept in, the Japanese printed banknotes in larger denominations. This bill is the last of the third series (1944-5) It was printed just before their surrender in 1945.

Due to dwindling resources, this banknote is smaller than the others and is printed on cheap paper, the reason why the blue ink at the front bleeds through the back.




Five Hundred pesos banknote issued in the Philippines during the Japanese occupation.

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One Thousand pesos banknote issued in the Philippines during the Japanese occupation.

The Japanese Occupation (1942 - 1945) 2nd Issue

This is the 2nd issue of Japanese Occupation Year (1943).The front of the bill features the Rizal monument.
Note* This is the complete series of the 2nd Issue




One peso banknote issued in the Philippines during the Japanese occupation.

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Five pesos banknote issued in the Philippines during the Japanese occupation.

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Ten pesos banknote issued in the Philippines during the Japanese occupation.

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One hundred pesos banknote issued in the Philippines during the Japanese occupation.

Friday, June 26, 2009

The Japanese Occupation (1942 - 1945) 1st Issue

The outbreak of World War II caused serious disturbances in the Philippine monetary system. Two kinds of notes circulated in the country during this period. The Japanese Occupation Forces issued war notes in big denominations. Provinces and municipalities, on the other hand, issued their own guerrilla notes or resistance currencies, most of which were sanctioned by the Philippine government in-exile, and partially redeemed after the war.

Note* This is the first issue of Japanese Occupation Year (1942) 1Peso and 5 Pesos are not included on my collection hope that i can found them soon.




One centavo banknote issued in the Philippines during the Japanese occupation.

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Five centavos banknote issued in the Philippines during the Japanese occupation.

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Ten centavos banknote issued in the Philippines during the Japanese occupation.

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Fifty centavos banknote issued in the Philippines during the Japanese occupation.

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Ten pesos banknote issued in the Philippines during the Japanese occupation.

Tuesday, June 23, 2009

History of Philippine Money

History of Philippine Money - from gold barter rings and piloncitos, to ornaments and beads used by ancient Filipinos as medium of exchange during pre-Hispanic period, up to the present banknotes and coins. Some of the coins that circulated during the three centuries of Spanish rule, such as, the toston or four reales coins, brought by Magellan and his men to the Philippines in 1521; dos mundos or pillar dollars in silver; the fractional coin, barilla in copper and the portrait series bearing the busts of Spain's Royalty.

An array of counterstamped coins with FVII (Ferdinand VII) and YII (Isabel II) symbolized the authority of Spain over the Philippines.When Casa de Moneda de Manila began minting coins in 1861, the name "Filipinas" appeared for the first time on its coins. The Mint issued series of silver and gold coins until 1868, covering the reign of Isabel II and Alfonso XII were referred to as Isabelinas and Alfonsinos.

Young Alfonso XIII was the last Spanish monarch to grace the obverse of Philippine coins. The Spanish-Philippine peso coins bearing his bust, which were minted solely for use in the islands were last minted in 1877 and last circulated in 1904.

The establishment of El Banco Espanol Filipino de Isabel II marked a significant chapter in the development of Philippine numismatics. It was the country's first commercial bank and in 1852, it issued the pesos fuertes, the first banknotes used in the country. The Bank is known today as the Bank of the Philippine Islands (BPI).

Amid the luster of gold and silver coins in Philippine numismatics was the issuance in 1899 of the 2-centavo copper coin by he first Philippine Republic, a manifestation of the persistent quest of our forefathers for independence. However, this was short-lived, for the Philippines found itself again under another foreign power, the Americans. The coins issued during this period carried the design of the American eagle and that of the lady with the anvil, symbolic of industrialization, which the Americans introduced in the country. In 1916, the Philippine National Bank (PNB)opened to the public; thus BPI and PNB notes circulated along with silver and treasury certificates issued by the U.S authorities in Manila.

The Commonwealth period showed a promise of independence, but this was stalled shortly when World War II broke out. When the Japanese imperial Army occupied the country in 1941, Japanese Invasion Money (JIM) were issued by the government. However, various resistance movements around the country defied Japanese authority by ignoring their money. The Filipinos then issued their own guerilla notes or resistance currencies, which were valid only in certain localities.

The "Victory" overprint on the old treasury certificates signaled the end of the war. Independence was finally attained in 1946. The same victory notes were issued to announce the establishment of the Central Bank with the words, "Central Bank of the Philippines" overprinted on the certificates. On January 3, 1949, the Central Bank of the Philippines (CBP) was established and by 1951, it began circulating its own currency of English series notes pronted by Thomas De La Rue in England.

In 1967, the Pilipino Series notes, were introduced, showing portraits if Filipino heroes and vignettes of Philippine history with a watermark portrait of the hero. By 1978, the Security Plant Complex (SPC) with facilities for printing, minting and gold refinery was established. The first banknotes printed were the Ang Bagong Lipunan series (ABL), followed in 1985 by the New Design series,
with the subsequent addition of the 500 and 1000 piso notes in 1987 and 1991 respectively.

The first coins issued by the Central Bank were the English series minted at the U.S mint in Philadelphia from 1958 to 1963 and the Royal Mint of London and Vereinigte Metalwerke of West Germany from 1964 to 1966. In 1967, the Pilipino series, featuring national heroes was introduced. This was followed by the ABL series in 1975, the first coins minted at the SPC, and the flora and fauna series in 1983. With the establishment of the Bangko Sentral ng Pilipinas (BSP) in 1993, a new set of coins and notes, the BSP series was issued in 1995 showing the logo of the new BSP.

The Story of Money

Money is an essential component of trade and commerce, which in turn are important aspects of human history. Money then is an important current which runs through the stream of history. Its story is a reflection of the story of humanity itself.

All early trade was based on barter, with commodities such as cattle exchange for grain, salt, foodstuffs, woven fabric, beads or precious metals. As individual cultures developed over the centuries, a need arose to standardize units of value to enable different groups to trade with one another. Money, thus, evolved from commonly bartered goods into more practical means of exchange, using metal and eventually, paper money.

Man's earliest forms of money were often things he could eat, wear, decorate himself with, ride on or use for other purposes.