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1 Peso
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951-1970 |
| Type | Standard circulation banknote |
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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 lettering | 1 PESO ONE PESO BARASOAIN CHURCH ONE PESO 1 PESO ONE PESO 1 PESO |
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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.