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5 Pesos Bank of the Philippines Islands, Red back
| Issuer | Bank of the Philippine Islands |
|---|---|
| Year | 1912 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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|---|---|
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| Reverse lettering | THE BANK OF THE PHILIPPINE ISLANDS V FIVE FIVE |
| Signature(s) | Garcia & Hord Garcia & Sendres |
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| Comments |
The Bank of the Philippine Islands was a private commercial bank operating under American colonial administration, and this series was printed in Washington under a formal arrangement that reflected the tight fiscal oversight Washington maintained over Philippine monetary affairs in the decade following the 1902 Philippine Bill. The red back distinguishes this from the green-back issues of the same denomination — a deliberate chromatic separation used to manage teller identification across different issue runs, not a reprint or replacement series.
Two signature combinations are documented for P#7. The Garcia/Sendres pairing is the scarcer of the two and commands measurable premium in the specialist market.