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5 Pesos Bank of the Philippines Islands, Red back

Issuer Bank of the Philippine Islands
Year 1912
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Shape Rectangular
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Obverse description Classical allegorical female figure seated at left, rendered in intaglio, with a radiating sunburst guilloche underprint in pink dominating the centre of the note. A blue circular bank seal appears at right, and the denomination numeral '5' is repeated in the ornate engraved border corners. The date 'January 1, 1912' and place of issue 'Manila, P.I.' are inscribed in script below the central legend, with Cashier and President signature lines at the bottom.
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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.

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