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1 Peso Mabini, Philippines, Red seal, Orange underprint
| Issuer | Treasury of the Philippines |
|---|---|
| Year | 1936-1941 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
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| Reverse description | Entirely printed in orange, the reverse is dominated by the large bold inscription 'ONE PHILIPPINES PESO' arranged in three stacked lines at center, superimposed over a large numeral '1' underprint. An elaborate scrollwork and lathe-work border frame encloses the central text, with 'ONE PESO' repeated in the four corners and vertical '1 PESO' counters along both side margins, all rendered in finely engraved orange guilloche patterns. |
| Reverse lettering | ONE PHILIPPINES PESO ONE PESO ONE PESO ONE PESO ONE PESO |
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| Comments |
Issued under the Commonwealth of the Philippines — the transitional government established by the Tydings-McDuffie Act of 1934, which set a ten-year path to full independence — this series was a deliberate assertion of Filipino institutional identity while the islands remained under American administration. The Treasury of the Philippines, rather than any colonial authority, is named as issuer. That distinction mattered politically, even if the BEP in Washington was doing the actual printing.
The red seal variant sits within a series that also appeared with blue and yellow seals, each designating different issuing or payment conditions. Notes from this series still in circulation were largely rendered worthless during the Japanese occupation, when the Philippine peso was displaced by the occupation peso after 1942.