Saturday, July 3, 2010


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.

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