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1 Peso
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951-1970 |
| Type | Standard circulation banknote |
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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. |
| 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.