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Un Peso Banknote |
1899 - Five months into the Filipino-American War, the fledgling Philippine Republic under Gen. Emilio Aguinaldo issues
paper currency in denominations of one, two, five, twenty, fifty and hundred pesos, with future
autonomist [collaborator for American rule] Pedro A. Paterno, among others, being empowered to sign them jointly or severally; banknotes, with those bearing serial numbers signatures to be rarely issued as they are
circulated along with 2 centimos de peso copper coins, are printed amidst the Filipinos' determination to assert their independence from former Spanish colonial rulers and the invading imperialist American forces.
Photo credit: http://philmoney.blogspot.com/
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