Girish Mahajan (Editor)

Philippine ten peso note

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Value
  
10 pesos

Height
  
66 mm

Years of printing
  
1903-2002

Width
  
160 mm

Paper type
  
90% cotton 10% linen

Philippine ten peso note

Security features
  
Security fibers, Watermark, See-through mark, Concealed value, Security thread

The Philippine ten-peso note (₱10) is a denomination of Philippine currency. In its latest incarnation, Apolinario Mabini and Andres Bonifacio are featured on the front side of the bill, while the Barasoain Church and a Blood Compact scene of the Katipuneros are featured on the reverse side. 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.

Contents

Pre-independence history

  • 1903: Philippine Islands issued silver certificates. Features the portrait of George Washington.
  • 1908: Banco Español Filipino issued notes.
  • 1920: BPI issued notes.
  • 1936: PNB issued notes.
  • 1937: Philippine Commonwealth issued treasury certificate. Features the portrait of James Ricafort. This series were later overprinted with the word "VICTORY" on the reverse after the liberation of the Philippines under Japanese rule in 1944.
  • 1942: Japanese government issued series. 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.
  • Post-independence history

  • 1951: English series, Features the portraits of Mariano Gomez, Jose Burgos, and Jacinto Zamora, 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.
  • 1969: Pilipino series, 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. This design was later used when the Bagong Lipunan series was released in 1973.
  • 1972: Ang Bagong Lipunan series, The "Ang Bagong Lipunan" text was added and was overprinted on the watermark area.
  • 1985: New design series, 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.
  • 1993: After the creation of the "Bangko Sentral ng Pilipinas", its new logo was incorporated on all the New Design series bills.
  • 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. The year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse. 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.
  • 1998: Andres Bonifacio was added on the watermark area of the banknote and the embedded security thread was aligned beside the portrait.
  • 1999: The names of the signatories on the bills were added starting with banknotes featuring the signature of President Joseph Estrada.
  • 2002: The printing of this banknote was stopped after the Bangko Sentral ng Pilipinas released the new ₱10 coin denomination in 2000. Existing banknotes, both the 1985 and 1997 New design series, remained legal tender and are scheduled to be demonetized on April 1, 2017 after the release of the New Generation series bills in 2010.
  • Commemorative issues

    Throughout its existence, the ten peso bill was often been 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.
  • References

    Philippine ten peso note Wikipedia