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1 Peso
| Issuer | Treasury of the Philippines |
|---|---|
| Year | 1941 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#89 |
| Obverse description | Dark brown on multicolour underprint. A bust-length intaglio portrait of a man identified as Mabini occupies the left vignette, framed by guilloche ornamental borders with numeral '1' corner counters. The central text reads 'PHILIPPINES' in bold lettering beneath a certification clause stating 'THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE TREASURY OF THE,' with the denomination 'ONE PESO' in large intaglio letterpress below, followed by the payability clause in silver pesos or legal tender currency of the United States. A red Commonwealth of the Philippines seal is applied at the right, and the series date 'SERIES OF 1941' appears at upper right, with the designation 'TREASURY CERTIFICATE' along the lower border. |
|---|---|
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| Protection description | Red Commonwealth of the Philippines official seal applied to the right of the obverse. |
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| Comments |
The Philippine Commonwealth Treasury Certificate series of 1941 was authorized under the Commonwealth Government's effort to establish a distinct Philippine currency framework ahead of planned independence, scheduled for 1946. This 1 Peso note was among the last printed before the Japanese invasion of December 1941 effectively ended normal monetary administration. Large quantities of Commonwealth-era notes were deliberately destroyed by retreating American and Filipino forces to prevent enemy use — a policy carried out with enough thoroughness that survival rates for circulated examples from this series are lower than the print run alone would suggest.
The Bureau of Engraving and Printing produced these in Washington, the same facility handling U.S. federal currency at the time.