Philippine ten peso note

The Philippine ten-peso note (Filipino: Sampung Piso) (₱10) was a denomination of Philippine currency. In its latest incarnation, Apolinario Mabini and Andrés Bonifacio are featured on the front side of the notes, while the Barasoain Church and a Blood Compact scene of the Katipuneros are featured on the reverse side.[1] This banknote was circulated until the Bangko Sentral ng Pilipinas stopped printing this denomination in 2002 (the last production year is 2001) and was replaced by coins.[2]

Ten pesos
(Philippines)
Value10 pesos
Width160 mm
Height66 mm
Security featuresSecurity fibers, Watermark, See-through registration device, Concealed value, Security thread
Material used90% cotton
10% linen
Years of printing1903–2002
Obverse
DesignApolinario Mabini, Andrés Bonifacio, Katipunan flag, Kartilya ng Katipunan, Malolos Constitution
DesignerRafael Asuncion
Design date1997
Reverse
DesignBarasoain Church, Blood Compact of Katipuneros
DesignerRafael Asuncion
Design date1997

History

Pre-independence
  • 1903: Philippine Islands issued silver certificates. Features the portrait of George Washington.[3]
  • 1908: Banco Español Filipino issued notes.[4]
  • 1920: BPI issued notes.[5]
  • 1936: PNB issued notes.[6]
  • 1937: Philippine Commonwealth issued treasury certificate. Features the portrait of George Washington. This series were later overprinted with the word "VICTORY" on the reverse after the liberation of the Philippines under Japanese rule in 1944.[7]
  • 1942: Japanese government issued series.[8] Features a farmer in a forest on the right of the obverse, with the text "TEN PESOS" on the center. Another version, this time featuring the Rizal Monument on the right of the obverse, was released in 1944. The banknotes ceased to be legal tender after the liberation.

Independence
English series (1951–1967)

Features the portraits of Mariano Gomez, Jose Burgos, and Jacinto Zamora, collectively known as Gomburza, three Filipino priests who were executed on February 17, 1872 at Bagumbayan in Manila, Philippines by Spanish colonial authorities on charges of subversion arising from the 1872 Cavite mutiny. The reverse features the Urdaneta and Legaspi Monument.[9]

Pilipino series (1967–1973)

In 1967, Apolinario Mabini replaced the portraits of Gomburza. The note is now predominantly brown in color. On the reverse, it features the Barasoain Church, where the drafting of the Malolos Constitution and the inauguration of the First Philippine republic took place. The design of the obverse was later revised, the font for the text Republika ng Pilipinas and Sampung Piso were changed, the color of the portrait of Mabini was changed to a lighter shade of brown and geometric lines were added on the sides and the watermark area of the bill.[10]

Ang Bagong Lipunan series (1973–1985)

In 1973, the "Ang Bagong Lipunan" text was added and was overprinted on the watermark area.[11]

New Design series (1985–2002)

In 1985, the bill was completely redesigned but the portrait of Mabini remained the same. New elements regarding Mabini's career were shown on the right side, namely, his “El Verdadero Decalogo" ("The True Dialogue") which served as the introduction to the Malolos Constitution as a quill and an inkwell.[12]

After the creation of the "Bangko Sentral ng Pilipinas" in 1993, its new logo was incorporated on all the New Design series bills.[13]

In 1997, the portrait of Andres Bonifacio was added beside Mabini, and elements from the Katipunan movement were added on the right side of the bill; one of the Katipunan flags and the Kartilya ng Katipunan. The design of the reverse was also changed. The scene from the Blood Compact of Katipuneros, previously featured in the Pilipino and Ang Bagong Lipunan series ₱5 bill was added on the right side of the Barasoain Church.[1] The year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse.[13] However, the watermark area still only features Apolinario Mabini and the embedded security thread was on the right side of the signature of BSP governor from the 1985 version of the banknote until 1998.

In 1998, Andres Bonifacio was added on the watermark area of the banknote and the embedded security thread was aligned beside the portrait.

In 1999, the names of the signatories on the bills were added starting with banknotes featuring the signature of President Joseph Estrada.[12]

In 2002, the printing of this banknote was stopped after the Bangko Sentral ng Pilipinas released the new ₱10 coin denomination in 2000.[14] Existing banknotes, both the 1985 and 1997 New design series, remained legal tender and were demonetized on December 29, 2017 after the release of the New Generation series banknotes in 2010.[15]

  • English series ₱10 note.
  • Pilipino series ₱10 note (1st Version, White Border Issue).
  • Ang Bagong Lipunan series ₱10 note.
  • New Design/BSP series ₱10 note (1st version).

Commemorative issues

Throughout its existence, the ten peso bill was often overprinted to commemorate certain events, namely:

  • Inauguration of President Ferdinand Marcos: The Bangko Sentral ng Pilipinas released the commemorative banknote in 1981 and features the portrait of President Ferdinand Marcos. Around it are the words "PANGULO NG PILIPINAS - FERDINAND E. MARCOS" with the date "HUNYO 30, 1981" is displayed below. There are two versions of the overprint, one with the wide collar and another with the narrow collar.[16]
gollark: Our agents within Whitehall will prompt him for comment.
gollark: I mean, except for all the ways in which I participated.
gollark: I like how I """won""" despite not actually participating.
gollark: It would have been hilarious if palaiologos had just lied about being #4.
gollark: As your """program""" is generating them, surely you can """"""""""""""""use" that?

References
  1. Bernardo, Jesusa (2010-01-01). "The Devaluation of a Hero & Promotion of a Counter-Hero: Where's Andres Bonifacio in the 5 Peso Coin? Make it P2.00. [Bonifacio series III]". SOBRIETY FOR THE PHILIPPINES. Retrieved 2018-11-12.
  2. "Philippine paper money or banknotes of the Philippines". Papercoinage. Retrieved 2018-11-12.
  3. "Antique Money – Value of 1903 Philippine Islands Ten Silver Pesos Certificate". www.antiquemoney.com. Retrieved 2018-11-12.
  4. "Antique Money – Value of 1908 Diez Pesos El Banco Espanol Filipino Diez Pesos". www.antiquemoney.com. Retrieved 2018-11-12.
  5. "BPI museum traces history of banking in Philippines - MyCebu.ph: Cebu News & Features". mycebu.ph. Retrieved 2018-11-12.
  6. "History - Philippine National Bank". www.pnb.com.ph. Retrieved 2018-11-12.
  7. "'Victory' notes - WWII Philippine Currency". www.guerrilla-money.com. Retrieved 2018-11-12.
  8. "WW II Allied Propaganda Banknotes". www.psywarrior.com. Retrieved 2018-11-12.
  9. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - History of Philippine Currency - Demonetized Banknotes - English Series". www.bsp.gov.ph. Retrieved 2018-11-12.
  10. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - History of Philippine Currency - Demonetized Banknotes - Pilipino Series". www.bsp.gov.ph. Retrieved 2018-11-12.
  11. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - History of Philippine Currency - Demonetized Banknotes - Ang Bagong Lipunan Series". www.bsp.gov.ph. Retrieved 2018-11-12.
  12. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - Currency in Circulation - New Design Series". www.bsp.gov.ph. Retrieved 2018-11-12.
  13. "New Design Series". Pinoy Numismatist Network. 2012-05-26. Retrieved 2018-11-12.
  14. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - Coins in Circulation". www.bsp.gov.ph. Retrieved 2018-11-12.
  15. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - Currency in Circulation - New Generation Currency". www.bsp.gov.ph. Retrieved 2018-11-12.
  16. "Philippine Banknotes: 1981 10 Piso Ferdinand Marcos Overprint". Barya at Perang Papel. 2015-01-07. Retrieved 2018-11-12.
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