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5 Piso Without border

Issuer Bangko Sentral ng Pilipinas
Year 1972
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Value 5 Pesos (5 piso) (5 PHP)
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Obverse description Intaglio portrait vignette of Andres Bonifacio at left, rendered in dark green, set within an oval guilloche surround, with the numeral '5' in green guilloche medallions at lower left and upper right. Two manuscript signatures appear at centre, attributed to the President of the Philippines and the Governor of the Bangko Sentral, above their respective titles, with the circular red Bangko Sentral ng Pilipinas seal of 1949 at lower right. The note is printed in green and red on a fine guilloche underprint without a border frame.
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Protection type Watermark
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Comments

This note belongs to the Ang Bagong Lipunan ("New Society") series, which began circulating after Marcos declared martial law in September 1972 — the series name was part of a deliberate rebranding of the Philippine state under his authoritarian program. Thomas De La Rue had been printing Philippine banknotes for years by this point, and the relationship continued well into the martial law period.

The "without border" designation distinguishes this from an earlier variant in the same series, a detail that matters for attribution and is easily missed without direct comparison. Mintage of just over twelve million is modest for a denomination in active circulation.

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