Did you know that the first currency where we appeared in (as Filipinas) were produced between 1861 to 1868?
The collection and study of money bill and all constituents is called notaphily, whether the money is printed on paper, plastic, cloth, leather or wood. Numismatics is for coin collecting and notaphily is paper money collecting. The value of paper money to collectors is indescribable more than face value.
The very first Philippine paper money issued was in 1862, the Banco Espanol-Filipino produced banknotes in five denominations, ranging from 5 to 10 pesos. It was during the Queen Isabella II era that these banknotes have started. Decades later, General Emilio Aguinaldo disseminated several banknotes as the official currency of the First Philippine Republic. By 1903, American administration emerged a silver certificate denominations worths 2, 5 and 10 peso-value, each bearing a portarit of Jose Rizal.
Every heard of “Mickey Mouse money”? Then the Japanese Imperical forces, these coins issued by the Spanish colonizers had denominations in 1, 2 and 4 pesos. During the World War II at Japanese occupany, fiat currency were used during hyperinflation. This was called “Mickey Mouse money”.
In 1946, the postwar Republic of the Philippines created respective values of one, two, five, ten, twenty, fifty, one-two-five hundreds, displaying the heroic profiles named Mabini, Del Pilar, Rizal, Gomburza, Bonifacio, Jacinto, Luna , Tandang Sora, Manuel Quezon and President Manuel Roxas.
It was only after the Second World War, when the old Commonwealth first introduced centavo and used until 1951.
We have progressed until today from English to Filipino banknotes, which have been reflected from 1969 notes. Whether you are a collector or viewer, it is interesting to have these notable collections.
If you want to view more old Philippine and world money banknotes, just visit http://www.collectorshive.com. They are commemorating the historical and sentimental value of our paper money bills, that have played a significant role in the Philippine demographics.
Below are some of the banknotes, together with Collectors Hive, commemorated with the Philippine History.