Philippines. - 10 Pesos - 1933 - Pick 23 PMG 20 Very Fine (No reserve price) Philippines - 10 Pesos 1.1.1933 - Bank of the Philippine Islands - PMG 20 Very Fine A rare and historically significant 10 Pesos banknote from the Bank of the Philippine Islands, issued during the American Colonial Period. This specimen is highly sought after by collectors specializing in U.S.-Philippine numismatics due to its status as a circulating note of a private commercial bank under government authority. Historical Significance: Banking Under the Stars and Stripes Issued on January 1, 1933, this note represents one of the final series released by the Bank of the Philippine Islands (BPI) before the transition to the Commonwealth era. These notes were printed by the U.S. Bureau of Engraving and Printing (BEP) in Washington, D.C., using the same high-security standards and paper quality as contemporary U.S. currency. The BPI was the only commercial bank authorized to issue its own currency during this period, making these "Circulating Notes" a unique hybrid of private banking and government oversight. Item Details Country: Philippines Denomination: 10 Pesos Issue Date: January 1, 1933 Pick Number: P-23 Serial Number: E60858E Signatures: D. Garcia (Cashier) & P.J. Campos (President) Printer: U.S. Bureau of Engraving and Printing (BEP) Grading & Certification Grading Service: Paper Money Guaranty (PMG) Certification Number: 2457149-039 Grade: 20 Very Fine Condition Note: A solid, mid-grade example with honest wear consistent with its grade. The paper remains intact with clear signatures and bold design elements, free of major tears or heavy staining often seen in circulated colonial issues. Design Features Obverse: Features a central allegorical figure of a woman holding flowers, flanked by the denomination and the blue seal of the Bank of the Philippine Islands. Reverse: Elegant brown ornamental lathe-work featuring a complex border design with "THE BANK OF THE PHILIPPINE ISLANDS" and "TEN PESOS" prominently displayed in the central field. Seal: Blue Bank Seal. Note: While standard 1933 notes are available, certified examples like this one provide peace of mind regarding authenticity and grade, which is critical for the often-counterfeited or altered notes of the Philippine colonial era. ALL ITEMS are sent, well packed, by registered mail or courier with full tracking.