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1 Peso

Issuer Masbate Consolidated Mining Company
Year 1941
Type Local banknote
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Obverse description Plain cream-coloured paper with an outer dotted border frame printed in green. The text 'THIS TOKEN NOTE AUTHORIZED BY ACT OF THE PHILIPPINE GOVERNMENT' is arranged centrally in green letterpress. Denomination '₱1.00' appears at upper left and upper right corners. Three manuscript signature lines are present below the main text, attributed to the Paymaster, Office Manager, and General Superintendent respectively, with an additional violet ink endorsement stamp across the lower centre.
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Reverse description Cream-coloured paper enclosed within a dotted border frame in green. The issuer's name 'THE MASBATE CONSOLIDATED MINING COMPANY' is printed in large arched green letterpress text across the upper half, with the denomination 'ONE PESO' centred below. The obligation legend 'WILL PAY TO THE BEARER THE SUM OF' and the authorisation line 'AS AUTHORIZED BY THE PHILIPPINE GOVERNMENT' appear in smaller green type. Denomination numerals 'P1.00' are repeated at both upper corners, and violet ink control stamps are visible overlapping the central denomination area.
Reverse lettering TOKEN NOTE
P1.00
THE MASBATE CONSOLIDATED MINING COMPANY
WILL PAY TO THE BEARER THE SUM OF
ONE PESO
AS AUTHORIZED BY THE PHILIPPINE GOVERNMENT
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