Catalog
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| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951-1970 |
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| Printer | Thomas De La Rue & Co. Ltd., London, United Kingdom |
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| Obverse description | At left, an intaglio portrait vignette of Apolinario Mabini in three-quarter bust facing right, with 'MABINI' inscribed below. The centre carries a large numeral '1' set within an intricate guilloche cartouche above the denomination 'ONE PESO', flanked by corner numerals '1' and vertical 'PESO' panels at each side. The Central Bank of the Philippines seal is positioned at lower right, beneath which two facsimile signatures appear — those of the President of the Philippines and the Governor of the Central Bank — with the legal tender clause running along the lower border. |
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| Reverse description | An intaglio vignette of Barasoain Church rendered in fine line engraving occupies the centre-right of the note, framed by an arched border, with a large spreading balete tree filling the left foreground. The denomination 'ONE PESO' appears in bold lettering within a guilloche panel at bottom centre, repeated alongside the numeral '1' in the left and right guilloche border panels. The inscription 'BARASOAIN CHURCH' is placed below the vignette at lower right. |
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| Comments |
P#133 spans nearly two decades, printed throughout by Thomas De La Rue in London — an arrangement that outlasted several Philippine administrations and persisted well into the post-independence consolidation of the central bank's note programme. De La Rue had been printing Philippine currency since the Commonwealth period, and the continuity of the contract through 1970 reflects both institutional inertia and the difficulty of developing domestic printing capacity.
The series is common in circulated grades but genuinely scarce in high uncirculated condition, owing to the note's heavy everyday use as the base denomination during a period of significant rural-to-urban economic activity.