NumismaticsPhilippines




1941 5 Pesos Quezon-de Leon Commonwealth Treasury Certificate




NP ID : BCI 1743
Series : Commonwealth Issues
Denomination : 5 Pesos
Year : 1941
Signature : Manuel L. Quezon as President
Antonio S. de Leon as Treasurer

Variety : Three Issue Variety Exists
A. Regular Issue
B. U.S. Bureau of Standards Issue
C. U.S. Navy Department Issue

Paper Type :
Dimension : 160.7 mm x 67.1 mm
Weight :
Thickness : 0.11 mm
Printer : U.S. Bureau of Engraving and Printing
Total Printed :
A. Regular Issue
1,188,000

B. U.S. Bureau of Standards Issue
120,000

C. U.S. Navy Department Issue
20,000

Serial Numbers :
A. Regular Issue
E1E - E1188000E

B. U.S. Bureau of Standards Issue
E1208001E - E1328000E

C. U.S. Navy Department Issue E1328001E - E1348000E

Main Color :
Designer :
Security Features :
Obverse : Red Seal of the Commonwealth of the Philippines, Portrait of William McKinley and George Dewey "Treasury Certificate" "By Authority of an Act of the Philippine Legislature, approved by the President of the United States June 13, 1922" "Series of 1941" "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" “Manila Philippines”
Reverse : "Five Pesos" "Philippines"
Packaging :
Issue Price :
Note :
A. Regular Issue
First Shipment was on September 2, 1941
Second Shipment was on September 15, 1941

B. U.S. Bureau of Standards Issue
The Batch was sent to the U.S. Bureau of Standards to be processed to stimulate used currency. In the aging process, 20,000 notes were destroyed, resulting for the serial number gaps from E1188001E - E1208000E
First Shipment was on February 2, 1943
Second Shipment was on September 24, 1943

C. U.S. Navy Department Issue
Issued to the U.S. Navy Department and was used for U.S. Naval Aviators' Emergency Money Pockets.
Shipment was on October 4, 1944

Remarks : Printed in 10-subject sheets. Republic Act No. 17 was approved, authorizing all unissued Commonwealth Issues Treasury Certificates in the possession of the Government, to be marked either by stamping, overprinting or superimposing of the Official Seal of the Republic of the Philippines. The Act also provides the public to exchange their unmarked Commonwealth Issues Treasury Certificate on or before November 13, 1946, with treasury certificates that have been duly marked. All Commonwealth Issues Treasury certificates not marked as stated in this Act, shall no longer be a legal tender after November 13, 1946. Republic Act No. 92 was approved, extending the period but in no case beyond March 31, 1948. Republic act No. 199 was approved, repealing Republic Act No. 17 and Republic Act no. 92 and allowing all pre-war Treasury Certifies to be exchanged with Victory Series Treasury Certificates on or before June 13, 1948 and declaring all Treasury Certificate pre-war series demonetized after the said period. Even though some Commonwealth Issues Treasury Certificates Series of 1941 were issued during the war, nonetheless it was redeem. By Virtue of a Circular issued by Central Bank of the Philippines, extending the redemption until August 5, 1961
Date Issued : A. Regular Issue - 1941
B. U.S. Bureau of Standards Issue - 1943
C. U.S. Navy Department Issue - 1944

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