1912 20 Pesos Philippine Bank Note

Philippines Banknotes 20 Pesos Philippine Bank Note 1912
Bank of the Philippine Islands 20 Pesos note 1912
Philippines paper money 1912 Twenty Pesos bill
1912 Twenty Pesos Bank Of The Philippines Islands
Philippines Banknotes 1912 20 Pesos Bank Note, The Bank of the Philippine Islands

Obverse: Allegorical woman at left.
Reverse:  THE BANK OF THE PHILIPPINE ISLANDS - TWENTY PESOS.
Signatures: (as depicted) E. Sendres (President), D. Garcia (Cashier). :

Text: The Bank Of The Philippine Islands Will Pay To The Bearer On Demand – Twenty Pesos – Series 1912 – Twenty Pesos – Manila P.I., January 1, 1912.
Printer: USBEP - United States Bureau of Engraving and Printing. Quantity Printed: 145,000.

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.