189

PHILIPPINES

Value

2.000 Piso

Issued by

Bangko Sentral ng Pilipinas

Date

1998 & 2001

Occasion

Centennial of First Republic, 1898-1998


 President Estrada taking his oath in Barasoain Church

 Re-Enactment of the Declaration of Philippine Independence at the Aguinaldo Shrine in Cavite (12.06.1998) by President Estrada

189a

1998
signatures: Estrada & Singson


189b

2001
signatures: Estrada & Buenaventura
Remark: Intended to be issued as legal tender in 2001, but President Estrada was ousted from office that year, so the notes were stored in the vaults of Bangko Sentral ng Pilipinas. As of 2010, the bank was considering destroying the bulk of these unissued notes, saving only 50,000 pieces which would be demonetized for "historical, educational, numismatic and other purposes."
In 2012 that the bank began selling this numismatic product in a folder that clearly stipulates that the notes are not legal tender.



Barasoain Church (August 2010)
(photograph by Ch. Officer Jose Gene Emboltorio, MV "UBC Sydney")


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