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1 Peso Mabini, Red seal, Green underprint

Issuer Philippine Islands Treasury
Year 1918
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Value 1 Peso
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Obverse lettering BY AUTHORITY OF AN ACT OF THE PHILIPPINE LEGISLATURE APPROVED BY THE PRESIDENT OF THE UNITED STATES MAY 6, 1918 ONE ONE THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE TREASURY OF THE PHILIPPINE ISLANDS ONE PESO PAYABLE TO THE BEARER ON DEMAND IN SILVER OR IN GOLD COIN OF THE UNITED STATES OF EQUIVALENT VALUE MABINI SERIES OF 1918 TREASURY CERTIFICATE GOVERNOR GENERAL TREASURER
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Reverse lettering TREASURY CERTIFICATE PHILIPPINE ISLANDS ONE PESO TREASURY CERTIFICATE
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Comments

The 1918 Philippine Islands Treasury Certificate series was a direct consequence of the Jones Act of 1916, which reorganized the colonial government and created the conditions under which the Philippines could issue its own currency distinct from the previous Silver Certificates. Harrison was Governor-General at the time, his signature a political as much as a financial fixture across the series. The dual signature variants — Fitzsimmons then Carmona as Treasurer — reflect normal staff turnover, though Carmona's tenure produced the more commonly encountered examples.

BEP production kept quality consistent, but the red seal combined with green underprint on this denomination makes it visually distinct within the P#60 type. Earlier printings in the series had used different color configurations.

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