1912 50 Pesos Philippine Bank Note

Philippines Banknotes 50 Pesos Note 1912
1912 50 Pesos Bank of the Philippine Islands Note
THE BANK OF THE PHILIPPINE ISLANDS - FIFTY PESOS
1912 Fifty Pesos Bank Of The Philippines Islands
Philippines Banknotes 1912 50 Pesos Bank Note, The Bank of the Philippine Islands

Obverse: Vignette of a woman with flower at left, Red Seal.
Reverse:  THE BANK OF THE PHILIPPINE ISLANDS - FIFTY PESOS.
Signatures: (as depicted) E. Sendres (President), D. Garcia (Cashier). :

Text: The Bank Of The Philippine Islands Will Pay To The Bearer On Demand – Fifty Pesos – Series 1912 – Fifty Pesos – Manila P.I., January 1, 1912.
Printer: USBEP - United States Bureau of Engraving and Printing. Quantity Printed: 4500.

Currency of the Philippines, American issues (1898-1946)
Philippine National Bank Circulating Notes

These were first printed by The United States for use on The Philippine Islands in 1916.  Each bank note was printed on a sheet containing five notes total.  Starting in 1921 these were printed on sheets each containing ten bank notes.  These are no longer good at their face value.  All Philippine National Bank notes were devalued in June of 1948.