Karl Goetz Medal – Kienast 160: “Pact of Malice” (1915) Satirical Medal $20 banknote capturing the essence of the

capturing the essence of the era's political

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Crafted during a period of transition and uncertainty in the Philippines

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Karl Goetz Medal – Kienast 160: “Pact of Malice” (1915) Satirical Medal $20 banknote capturing the essence of theKarl Goetz Medal Kienast 160: "Pact of Malice" (1915) Bold, symbolic, and unmistakably satirical, Karl Goetz's Kienast 160, titled "Pact of Malice" (Der Bund der Tcke), is a superb example of the artist's ability to blend political caricature with powerful storytelling. Created in 1915, during the height of World War I, the medal critiques the Entente Powers through allegory and mythological references. The obverse inscription reads "Alliance of