Rare 200-peso Philippine emergency note offered in Lyn Knight
Currency Auction auction
The “king” of the Series 1942 Commonwealth of the Philippines
emergency notes from the Province of Cagayan is one of more than 700
lots to be offered at auction from the Neil Shafer Collection of Money
of the People by Lyn Knight Currency Auctions.
The auction will take place June 15 following three other auction
sessions June 12 to 14 offering U.S. and world notes during the 38th
annual International Paper Money Show in Memphis, Tenn.
A printed Philippine 200-peso internal revenue stamp is affixed to
the face of the 200-peso emergency treasury certificate, one of only
46 of these high-denomination pieces printed because just 46 “stamps
[were] available for making these notes,” according to the catalog description.
The back design indicates the issuing authority. It also features
the denomination, in the form of the inscription P200 printed across
the back design.
This piece, like the others offered in the Shafer Collection, offers
evidence of what everyday people do when they must create their own
paper currency to survive.
The emergency Philippine treasury certificate is estimated to bring
$3,500 to $5,500. For more information about the auction, visit the
Show details are available at the IPMS website.