RARE NOTE Only one,000 items of the P100,000 invoice have been printed in 1998 to mark the nation’s one hundredth 12 months of independence. It’s accessible on the market on the Bangko Sentral ng Pilipinas (BSP) retailer. —Picture from BSP Fb web page
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) marked Nationwide Heroes Day on Monday by that includes the 100,000-Piso Centennial commemorative invoice from its numismatic assortment.
Only one,000 items of the banknote was printed in 1998 to have a good time the one hundredth anniversary of Philippine independence. The collectible merchandise measures 8.5 x 14 inches and may be bought on the BSP retailer at face worth. It comes with a certificates of authenticity.
READ: BSP launches one hundred and twenty fifth independence day commemorative coin set
On the time of its launch, the invoice was accredited by the Guinness Guide of World Information because the world’s largest authorized tender notice. It was additionally the largest authorized tender issued by the BSP by way of face worth.
The obverse of the 100,000-Piso invoice showcases a symbolic scene of the battle for the nation’s independence in 1896: the Sigaw ng Himagsikan led by Andres Bonifacio, the Supremo of the Katipunan, in defiance of Spanish tyranny.
Its reverse options the proclamation of Philippine independence led by Gen. Emilio Aguinaldo on June 12, 1898, in Kawit, Cavite. On this event, the Philippine flag made by Marcela Agoncillo was unfurled whereas the nationwide anthem composed by Julian Felipe was performed.
Together with the two,000-piso Centennial commemorative banknote, the 100,000-piso notice has been demonetized—now not acceptable as fee for any transaction—since Aug. 2, 2018, by way of BSP Round No. 973 collection of 2017. The two,000 invoice, also referred to as the “New Millennium Be aware,” depicts the oath-taking of former President Joseph Ejercito Estrada. It was likewise printed in 1998 to mark the centennial of the nation’s independence.
Explaining the demonetization, a 2017 central financial institution round stated the 2 uncommon banknotes had “served their commemorative function.” The BSP on the time supplied to purchase again the payments at full face worth within the holder’s desired denomination.
The BSP releases commemorative notes to memorialize an occasion of historic significance to the nation. Often, these are printed in restricted volumes and set other than banknotes supposed for circulation. They’re additionally overprinted with an emblem or textual content descriptive of the theme or event being celebrated.
Your subscription couldn’t be saved. Please attempt once more.
Your subscription has been profitable.
