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1944 Philippines five-centavo coin of the Commonwealth period. When the Philippines became a U.S. Commonwealth in 1935, the coat of arms of the Philippine Commonwealth was adopted and replaced the arms of the U.S. Territories on the reverse of coins while the obverse remained unchanged. This seal is composed of a much smaller eagle with its ...
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This seal is composed of a much smaller eagle with its wings pointed up, perched over a shield with peaked corners, above a scroll reading "Commonwealth of the Philippines". It is a much busier pattern, and widely considered less attractive. Coins were minted at the Philadelphia, San Francisco, Denver, and (after it was opened in 1920) Manila ...
The Philippines is naturally rich in gold, making possible the availability of local gold coinage called piloncitos. The original silver currency unit was the rupee or rupiah (known locally as salapi), brought over by trade with India and Indonesia. The salapi continued under Spanish rule as a teston worth four reales or half a Spanish peso.
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The Philippine two-peso note (Filipino: Dalawang Piso) (₱2) was a denomination of Philippine currency.On its final release, José Rizal was featured on the front side of the bill, while the Declaration of the Philippine Independence was featured on the reverse side.
General MacArthur asked the Office of Strategic Services (OSS) to replicate the Japanese currency in the Philippines for his eventual return. By luck, a supply of paper made from plants native to Japan was located in the U.S. [ 7 ] When that supply was exhausted the counterfeiting operation was transferred to Australia.