PHILIPPINES S485a 1943 Mindanao 1 Peso Countersigned PANGALINAN Ultra Rare

Description

1943 FirstTreasury Emergency Currency Certificate Issue
(Matugas, Misamis Occ. April 5th to Jun 25th, 1943
S485a One
Peso Emergency Banknote
Series E
Serial Range #00,001 to #60,000 Only
(a) Counter Signature On Back: CRISPIN PANGALINAN
#28,039
All Editions of Catalogs have Good {{detail_product_description}}.00 Fine {{detail_product_description}}.00 XF {{detail_product_description}}.00 as well as 0 representational images. Very Rare Note due to the Countersignature of only a few Pieces of the 1 Peso note.
All notes were printed on thin to very thick manila paper. Originally it was intended that all centavo notes be initialed by a representative of each board member, and that all Peso notes be countersigned on the back by a member of the Board. The enormous amount of work this entailed soon resulted in a Resolution which halted the initialing, and authorized additional personnel to do the countersigning. When this occurred, no 50 Centavos or 1 Peso notes had been printed.
Apparently there was confusion regarding the countersigning of 1 Peso notes
, perhaps because of their smaller size, and
only a portion
were countersigned. Later on, 4,000 5P notes were officially issues without countersignatures due to the urgent need for currency.
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