Philippines banknotes 1912 5 Pesos Philippine Bank Note

Philippines Banknotes 5 Pesos Bank Note 1912
1912 Five Pesos Bank Of The Philippines Islands
1912 5 Pesos Bank Note

Philippines Banknotes 1912 5 Pesos Bank Note, The Bank of the Philippine Islands
First series of the Bank of the Philippine Islands.

Obverse: Woman seated at left, Blue Seal.
Reverse:  THE BANK OF THE PHILIPPINE ISLANDS - V.
Signatures: (as depicted) Jno. S. Hood (President), D. Garcia (Cashier). :

Text: The Bank Of The Philippine Islands Will Pay To The Bearer On Demand – Five Pesos – Series 1912 – Five Pesos – Manila P.I., January 1, 1912.
Printer: USBEP - United States Bureau of Engraving and Printing. Quantity Printed: 850,000.

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.