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Philippines, Mindanao - 10 & 20 Pesos 1943-1944 - Pick # S488x and S528x - Forgeries - F/VF

Description

This analysis focuses on two emergency currency notes from the Commonwealth of the Philippines during WWII: a ten-peso and a twenty-peso note. These banknotes are significant as they were issued in a time of economic turbulence and played a role in the financial system during the American occupation. The notes feature distinct artistic and security elements that reflect the era.


Obverse (front)
The front of the ten-peso note displays the denomination prominently, along with a red circular emblem depicting a national crest. The text 'TEN PESOS' is printed in bold, accompanied by a series number and signatures, indicating its authenticity. Decorative borders and floral motifs enhance the artistic appeal, while the vintage paper texture adds to its historical significance.

Reverse (back)
The reverse side of the twenty-peso note bears a more subdued design with 'TWENTY PESOS' printed prominently. It features a green emblem similar to that on the front, while the borders are decorated with intricate patterns. While there may be limited security features visible, such as potential microprinting and a distinctive watermark, the overall design reflects the utilitarian nature of wartime currency.
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Ends on: 14/02/2026 15:00 (CET)
Start bid
€ 10
Estimated
€ 25  —  € 35
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Date
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Specifications
Auction
E - Auction # 19 / World Banknotes / February
Main categorie
Banknotes
Country
Philippines
Year
1943

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After already completing several auctions with only PMG graded banknotes, we now invite you to take part in our very first raw notes auction!

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