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Value of 1916 Philippine National Bank Five Pesos Circulating Note

Value of 1916 Philippine National Bank Five Pesos Circulating Note

Country: The Philippines

Series Year: 1916

Type: Circulating Note

Denomination: Five Pesos

Cashier: S. Ferguson

President: H. Parker Willis

Quantity Printed: 575,000

Comments: This is the first, and far rarer of the two signature combinations used on 1916 five pesos circulating notes. These are tough to find in any grade.

Text: Philippine National Bank – Circulating Note – The Philippine National Bank Will Pay The Bearer On Demand – Five Pesos – In Lawful Currency Of The Philippine Islands – Series 1916 – Five Pesos – Issued Under The Provisions Of Act Numbered 2612 Of The Philippine Legislature – Manila P. I. May 2, 1916 – McKinley

Signature Combination Variety2

Cashier: S. Mercado

President: V. Concepcion

Quantity Printed: 2,000,000

Comments: These are much more common than the first variety above. These are still elusive in choice uncirculated grades.

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