SUB

A TOTALLY AMATEUR BANKNOTE COLLECTOR
Showing posts with label Philippines. Show all posts
Showing posts with label Philippines. Show all posts

Sunday, 11 June 2017

A GOOD DAY AT THE ANTIQUES FAIR













Normally I would list these individually but thought as I bought them all at the same antique fair.

So firstly we have a 50 Riels from Cambodia issued in 1972 and the front  has fishermen fishing from a boat - one on each side of the note, while the reverse has Angkor wat temple complex.

More notes from Cambodia Here

The second note is called a guerrilla note from the Philippines. during WWII the Japanese occupied the Philippines and issued its own money but resistance fighters gathered in the different provinces and had their own underground governments and this was their currency, this note was from the Negros island and is for 10 pesos.

find more notes from the Philippines HERE

you can find more info and this website that documents all the wartime money used in the Philippines

www.guerrilla-money.com

The third  note is a 10 dalasi note from The Gambia.This note, from 1996, has the sacred ibis in the centre of the front of the note with a child on the right. The reverse has the Abuko earth satellite station

More Gambian notes HERE

The next note is the 25 Piastres note from Sudan and it was issued in 1985. The front has a camel and the map of Sudan while the reverse has the Central bank of Sudan building.

More Sudan notes HERE


And finally, the last two notes are from Ethiopia. The two are similar but from different dates. Both have a boy and some long horn cows on the front and the reverse has two white throated bee-eaters and the waterfall at Tisisat. 

The first note is green and has the signature of Teferra Deguefe which dates it to 1976 . The second one, which  is black / brown on a multi coloured background is dated at 1998. There are also differing symbols on the reverse  in the far right centre.



Friday, 25 October 2013

PESO BANKNOTES COULD GET YOU TO THE MOON

notes

MANILA - How many peso bank notes and coins are there in the Philippines? 

According to the National Statistical Coordination Board (NSCB), the combined length of the country's banknotes -- if these were connected end to end -- is enough to go nine times around the earth’s equator or nearly the distance of the earth to the moon.

NSCB Secretary-General Jose Ramon G. Albert said the country had 2.32 billion pieces of notes valued at P603.64 billion as of last June.
Laid down end-to-end, the banknotes would run to more than 371.2 thousand kilometers – equivalent to 100 time the length of the Pan-Philippine National Highway, which extends from Laoag City in Ilocos Norte to Zamboanga City in Mindanao.
There are two sets of banknotes issued by the Bangko Sentral ng Pilipinas (BSP) and in use today: the New Design Series (NDS) and the New Generation Currency (NGC). The NDS has been in use for more than a quarter of a century while the NGC has been in use starting December 2010.
To thwart counterfeiters, the NGC features improved security features which include embossed prints, security fibers, watermark, see-through mark, and others.
The NGC shall eventually replace the NDS once the latter is demonetized. In the meantime, both are legal tender. 

Apart from banknotes, the Philippines had 20.08 billion pieces of coins in circulation worth a combined P22.77 billion as of June this year.
More than half or 56.6 percent of these are lower denominated coins. Coins in circulation are the following: one centavo, five centavos, 10 centavos, 25 centavos, one peso, five pesos and 10 pesos.
Citing BSP estimates, Albert said the number of coins is equivalent to 207 pieces of coins per Filipino. 

But, is there a shortage of coins? 

"Believe it or not, the Philippines does not have a shortage of coins," Albert said.
"The BSP explains that occasionally, there is an artificial shortage of coins due to the habit of people of keeping coins in wallets, drawers and piggy banks instead of using them as payment for goods and services, or depositing them in banks," he said.
In the case of one-peso coins, there is high demand because of the popularity of "coin games," which interfere in the circulation of coins throughout the economy, Albert said.
In the past, the BSP and the Bureau of Customs recorded attempts to smuggle out one-peso coins and in some cases, they are hoarded for melting and export, Albert said. 
As per Republic Act No. 7653, otherwise known as the New Central Bank Act, the BSP has the sole power and authority to issue currency within the Philippine territory. The BSP not only issues Philippine peso banknotes and coins for general circulation but also commemorative notes and coins which are legal tender as well.

source: Interaksyon

Friday, 19 July 2013

PHILIPPINES





The Republic of the Philippines is an archipelago in South East Asia, with a capital city of Manila. In 1571, The territory, plus some other islands including Formosa (Taiwan) was colonised by Spain and renamed Spain East Indies. after the Spanish-American war in 1898, The first Philippine Republic was set up but not recognised by America which led to the Philippine-American war in which america took control of the territory.In 1935, The USA gave the country "commonwealth Status" with the idea of moving towards full independence but the second world war broke out and the Philippines were invaded by the Japanese, who stayed until defeated at the end of the war in 1945. the following year the Philippines gained its independence.

monetary units:
1 peso = 100 centavos up to 1967
1 Piso = 100 sentimos 1967 onward

The Notes above are the 2 and 1 Piso notes. the 2 Piso note is from 1981 commemorative issue, with Jose Rizal, a national hero, on the front and a picture of Aquinaldo's declaration of independence on the reverse. The 1 Piso note has a younger Jose Rizal and a different scene from the declaration of independence.

There is a town in the Netherlands called Philippine , it's nothing to do with the country but has nice mussel restaurants apparently!!