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| 背面描述 | A historical vignette occupies the centre, portraying a figure on a balcony waving a flag before a crowd of armed revolutionaries, commemorating the Declaration of Philippine Independence on 12 June 1898. A commemorative logo is positioned at lower centre. The denomination appears in large numerals at both left and right, with decorative guilloche borders framing the composition. |
| 背面铭文 | 100000 PAGPAPHAYAG NG KASARINLAN NG PILIPINAS NOONG HUNYO 12, 1898 REPUBLIKA NG PILIPINAS 100000 ISANDAANG LIBONG PISO PHILIPPINE CENTENNIAL 1898 - 1998 KALAYAAN KATAMANAN NG BAYAN (Translation: Declaration of the Independence of the Philippines on June 12, 1898 Republic of the Philippines One hundred thousand pesos Freedom The wealth of the people) |
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Issued to mark the centennial of Philippine independence from Spain, this is one of the largest-denomination commemorative banknotes ever produced by the Bangko Sentral ng Pilipinas — and at 355 × 215 mm, one of the physically largest notes in modern Philippine monetary history. It was never intended for everyday commerce. The 100,000 piso face value, roughly equivalent to around US $2,500 at late-1990s exchange rates, placed it well beyond practical circulation.
Giesecke & Devrient, the Leipzig security printer with continuous operation since 1852, produced the note to exacting commemorative standards. Mintage was deliberately limited, and many examples were sold directly to collectors in presentation packaging by the BSP itself.