100 Pesos Green back

The Bank of the Philippine Islands was a private Spanish-era institution that survived American colonial reorganization and retained its note-issuing authority well into the 20th century — an unusual arrangement for a territory under U.S. administration. These 100 Peso notes were produced by the Bureau of Engraving and Printing in Washington, the same facility handling U.S. federal currency, which gave the series a physical quality and security standard well above most contemporary colonial issues.

Two signature combinations are documented for P#11, reflecting personnel changes in the bank's senior administration during the note's circulation life. The Garcia & Sendres pairing is the scarcer of the two.