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Total commemorative banknotes issued is under 1,500 pieces. If you have achieved any figures close to this, then you are doing extremely well, as many of the older commemorative notes are hard to find even in poor conditions.

Opinion: Many collectors of commemorative banknotes would have come across with those Somaliland sets overprinted with gold and silver texts with the following wordings - 5th Anniversary of Independence 18 May 1996 [Sanad Gurade 5ee Gobanimadda 18 May 1996]. I believe these are "home made" (or fake) and not authorised by the central bank. My argument is simple. No central bank would have issued an overprint commemorative banknote that the texts are so large that it would cover the two signatures on the note as well as part of the serial numbers. Even if these are genuine notes, then these could be issued as souvenir sheets and not as legal tender. As I said before, this is my opinion. If you have paid top dollars for these, please think about my argument. There is always a sucker around the corner, including me of course!

All comments are most welcome but it has to be subjects related to banknotes or banknotes collection. If not, it will not be approved. Thanks

26 February 2011

Philippines - 50 Piso 1978 Commemorative

Fifty Piso, Dated 1978 P165Reverse
Note issued to commemorate the Centennial Birth of President Sergio Osmena. Sergio Osmena was born on 9.9.1978 in Cebu. At the time of his birth, his mother Juana Osmena y Suico was only 14 years old. The Osmena family came from a prominent clan of Chinese-mestizo heritage. Sergo Osmena was President of the Republic of Philippines between 1944 to 1946. He took over the Presidency following the death of President Manuel L Quezon. Sergio Osmena died of both liver failure and breast cancer on 19.10.1961. He was 83 years old.

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