NumismaticsPhilippines




2 Pesos Philippine National Bank Circulating Note

1916 2 Pesos Ferguson-Willis Philippine National Bank Circulating Note 1921 2 Pesos Mercado-Unson Philippine National Bank Circulating Note

Series of

NP ID Signature Total Printed Serial Numbers
B15.1[1] Ferguson - Willis 1,980,000 A1A-
A1980000A

Series of

NP ID Signature Total Printed Serial Numbers
B15.2[2] Mercado - Unson 2,500,000 B1B-
B2500000B

Note

[1] - Shipment, and
[2] - Shipment, and

Close (X)

Ferguson-Willis

1916 2 Pesos Ferguson-Willis Philippine National Bank Circulating Note

Total Printed: 1,980,000

Close (X)

Mercado-Unson

1921 2 Pesos Mercado-Unson Philippine National Bank Circulating Note

Total Printed: 2,500,000

Specification
NP ID B15
Series Philippine National Bank
Type Circulating Legal Tender
Denomination 2 Pesos
Year B15.1 -
B15.2 -
Signatures B15.1 - Ferguson - Willis
B15.2 - Mercado - Unson
Seal Red Seal
Orientation Horizontal
Flip Short Edge
Printer U.S. Bureau of Engraving and Printing
Paper 75% cotton, 25% linen
Dimension 156 mm × 66 mm
Thickness 0.11 mm
Weight approx. 1 gm
Print Obverse - Black
Reverse - Blue
Process Printing
Ink Pigment
Introduction
Demonetized
Total Notes 4,480,000
Total Value ₱ 8,960,000
Issuing Authority Philippine National Bank
Kind Banknote
Currently Used

Obverse

Portrait of Jose Rizal, Red/Blue Seal of the Philippine National Bank, "Philippine National Bank Circulating Note" The Philippine National Bank will pay the bearer on demand two Pesos in lawful currency of the Philippine Islands" "Series of /" "Issued under the provisions of Act 2612 of the Philippine Legislature as amended by Act 2747" "Manila P.I ". Issue authorized , under the provisions of Act Numbered 2612 of the Philippine Legislature, as Amended.

Reverse

"Two Pesos" "Philippine National Bank Circulating Note" "This note is receivable by the Philippine Government in payment of all taxes, dues or other claims due or owing to said Government and is exempt from all taxes."

Remarks

The series were printed in uncut sheet of 5 and series were printed in uncut sheet of 10. All were demonetized after pursuant to Republic Act No. 211, Republic Act No. 734, Republic Act No. 831, Executive Order No. 188, Executive Order No. 202 and Executive Order No. 211

Signature
Name Title
Samuel Ferguson Cashier
Henry Parker Willis President
Santiago Mercado Cashier
Miguel Unson President