12 June (Philippines ) within release Philippine National Bank Centenary goes into circulation Stamp Ferdinand Magellan Circulating Note face value 100 Philippine piso
Stamp Ferdinand Magellan Circulating Note in catalogues | |
---|---|
Colnect codes: | Col:PH 2016-039 |
Stamp is square format.
Also in the issue Philippine National Bank Centenary:
Data entry completed
50%
|
|
---|---|
Stamp Ferdinand Magellan Circulating Note in digits | |
Country: | Philippines |
Date: | 2016-06-12 |
Print: | Unknown |
Emission: | Commemorative |
Format: | Stamp |
Face Value: | 100 Philippine piso |
Stamp Ferdinand Magellan Circulating Note it reflects the thematic directions:
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities.