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| 正面铭文 | ISLAS FILIPINAS BILLETE DEL TESORO EMISION DECRETADA EN 6 DE ABRIL DE 1877 Ps. Fs. 4 Ps. Fs. 4 VALE POR CUATRO PESOS FUERTES AL PORTADOR Y SIN INTERES EL DIRECTOR ORAL DE H. EL CONTADOR ORAL DE H.P. EL TESORERO CENTRAL Manila 20 de Abril de 1877 SERIE B NUMERO DEL BILLETE J. OPPEL Litogr. de S.M. MANILA (Translation: The Philippine Islands Treasury Note, Issue decreed on April 6, 1877, value for four hard pesos to the bearer and without interest) |
| 背面描述 | Reverse is blank, with no printed design or text. |
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The Tesoro de las Islas Filipinas notes of 1877 were colonial treasury obligations, not bank-issued currency — a distinction that mattered legally and practically under the Spanish administration. The Philippines had no central bank of issue at this point; the Banco Español-Filipino held that role for banknotes proper, leaving the treasury to handle these smaller fractional instruments through its own channels.
J. Oppel's Manila lithography shop produced this locally rather than sourcing printing from Spain, which was the exception rather than the rule for colonial paper at this period. Local production kept costs down but introduced inconsistencies in ink saturation and plate wear that make individual examples difficult to grade uniformly.