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| 正面描述 | Intaglio-printed vignette of Apolinario Mabini in three-quarter bust facing right, set within an oval frame at left, against an orange guilloche underprint with radiating sunburst pattern at centre. The denomination ONE PESO appears in large bold lettering below the PHILIPPINE ISLANDS heading, with the circular red Treasury seal of the Government of the Philippine Islands at right. Two signatures appear below the central text, designated Governor General and Treasurer respectively. |
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| 背面描述 | Entirely engraved in orange-red ink, the reverse is dominated by a bold central panel bearing the large numeral 1 overlaid across the words ONE PESO, with PHILIPPINE above and ISLANDS below in capital letters. The central vignette is enclosed within an elaborate scrollwork cartouche with foliate corner ornaments, set against a fine guilloche lathe-work background. The denomination ONE PESO is repeated in the four corners and along the margins, with PESO printed vertically at the left and right edges. |
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The 1929 series Philippine 1 Peso carried three possible signature combinations across its run, reflecting the rapid turnover of American Governors-General during the final years of direct U.S. colonial administration — Davis, Roosevelt (Theodore Roosevelt Jr., not the president), and Frank Murphy, who would later serve as U.S. Attorney General and Supreme Court Justice. The local counter-signature of Treasurer S. Lagdameo remained constant throughout, a reminder that Filipino officials held at least nominal co-authority over the currency.
The red seal distinguishes this from the blue-seal issues of the same Pick number. Murphy-signed examples are generally the most sought by specialists, given his subsequent prominence in American political history.