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100 Pesos
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1949 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 160 × 66 mm |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Intaglio-printed portrait vignette of Tandang Sora in three-quarter facing bust at left, set against a yellow guilloche underprint with the denomination numeral "100" interlaced at centre. The circular seal of the Central Bank of the Philippines appears at right, dated 1949, flanked by ornate lathe-work cornerpieces bearing the denomination in each corner. A scroll cartouche at upper centre carries the guarantee legend, with the legal tender clause rendered in letterpress along the lower border. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ONE HUNDRED PESOS 100 PESOS THE REGIMENTAL FLAGS AND THE VETERANS |
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| Comments |
The Philippine peso was pegged at two to the dollar when this note was issued, a rate the Central Bank had inherited from the pre-war Commonwealth period and would defend — with increasingly aggressive exchange controls — until the peso's effective devaluation in 1962. The 100-peso denomination was the highest value circulating note in the 1949 series, which made it primarily an instrument of large commercial transactions and government finance rather than everyday retail use.
Thomas De La Rue's involvement here reflects the Quirino administration's preference for established Commonwealth-era suppliers over American security printers, a quiet political signal in an otherwise unremarkable contract.