During the American Period in the Philippines from 1922-1941, the United States issued several denominations of banknotes for circulation. These included 20 peso, 10 peso, and 1 peso notes issued by the Philippine National Bank and Philippine-American Commonwealth, featuring images of American and Philippine figures as well as landmarks. One of the rarest was a 20 peso treasury certificate from 1922, of which only 1,700 were printed.

1. American Period
20 Pesos Banknote
Obverse: William A. Jones and seal of the Philippine
National Bank
Reverse: Seal of the Philippine National Bank

2. 1941 Ten Pesos Banknote
Obverse: George Washington and seal of the Philippine-
American Commonwealth

3. • June 13, 1922- when the President of the
United States approved this treasury
certificate.

4. • The front features Lady Justice holding scales and the
seal of the Bank of the Philippine Islands (BPI). The
signatures are of D Garcia (cashier) and Fulg Borromeo
(president) . The serial number has been smudged in
the scan upon request of the contributor.

5. • This is one of the rarest banknotes ever issued
during the American Regime. Only 1,700 were
printed and not so many have survived. A
more worn out version of this banknote was
sold at ebay for more than $1,000.

6. Twenty Peso Banknote
American Period Treasury Certificate
Obverse: Mayon Volcano and seal of the Philippine-American
Commonwealth
Reverse: Seal of the Commonwealth

7. • Philippine treasury Certificate. By an Act of
the Philippine Legislature. Approved by the
President of the United States June 13, 1922.
This certifies that there have been deposited
in the treasury of the Philippine Islands
twenty pesos payable to the bearer on
demand, in silver pesos or in gold coin of the
United States of equivalent value. Mt Mayon.

8. • Fifty Peso Banknote (1920 series) issued in the
Philippines by the American Government.
• The front features Maj. Gen. Henry W. Lawton. An
overprint on top of the PNB seal reads
"Manila, P.H., May 2, 1916". The reverse features the
seal of the Philippine National Bank.

9. • One Peso Banknote from the American Series
• Obverse: portrait of Apolinario Mabini, seal of the
Philippine-American Commonwealth with overprint:
"Manila, Philippines"
Reverse: "One Philippine Peso"

10. • By authority of an act of the Philippine
Legislature, approved by the President of the
United States June 13, 1922; This certifies that
there has been deposited in the treasury of
the; Philippines; One Peso; Payable to the
bearer on demand; in silver pesos or in legal
tender currency of the United States of
equivalent value." Series of 1936, Treasury
Certificate