Philippine one thousand peso note

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One thousand pesos
(Philippines)
Value ₱1000
Width 160 mm
Height 66 mm
Security features Security fibers, Watermark, See-through registration device, Concealed value, 3D Security Thread, Optically variable device, Optically variable ink
Paper type 80% Cotton
20% Abacá fiber
Years of printing 1944–1945; 1991–present
Obverse
1000 Philippine Peso Bill Obverse 2018.png
Design José Abad Santos, Vicente Lim, Josefa Llanes Escoda, Centennial celebration of Philippine independence
Designer Studio 5 Designs[1]
Design date 2017
Reverse
2018 New 1000 piso banknote reverse.jpg
Design Tubbataha Reefs Natural Park, South Sea pearl (Pinctada maxima), Mindanao design for Tinalak (Ikat-dyed abaca)
Designer Studio 5 Designs[1]
Design date 2017

The Philippine one thousand-peso note (Filipino: Sanlibong Piso) (₱1000) is a denomination of Philippine currency. José Abad Santos, Vicente Lim, and Josefa Llanes Escoda are currently featured on the front side of the notes, while the Tubbataha Reefs Natural Park and the South Sea pearl are featured on the back side of the note.

History[edit]

Pre-independence[edit]

Independence[edit]

  • 1991: New Design series, The Central Bank of the Philippines introduced the one thousand peso denomination in December 1991.[2] The note features the portraits of former Chief Justice José Abad Santos; Josefa Llanes Escoda, civic worker and one of the founders of the Girl Scouts of the Philippines; and Vicente Lim, a general in the Philippine Army who was the first Filipino graduate of West Point. The three are considered heroes of the resistance against the Japanese occupation of the Philippines. The obverse also features the eternal flame and laurel leaves. The note is predominantly blue in color. The reverse features the Banaue Rice Terraces, Manunggul Jar cover and Langgal, representing the three islands of the Philippines (Luzon, Visayas, and Mindanao, respectively). This is also the only note for the series that features the Optically Variable Ink, which was used on the "1000" on the lower left side of the obverse.
  • 1993: After the creation of the "Bangko Sentral ng Pilipinas", its new logo was incorporated on all the New Design series bills.
  • 1998: The year of printing was added at the bottom of the denomination value located at the upper left corner of the obverse.
  • 1999: The signature of the Philippine president was moved slightly to the left to accommodate the names of the signatories on the bills and added them starting with banknotes featuring the signature of President Joseph Estrada.
  • 2001: Additional security features were added; the Optically Variable Ink used in the "1000" on the lower left side was enhanced. Other features that were added are the security thread on the right side and the fluorescent printing on the left side across the portrait. Also, the signatures of President Gloria Macapagal-Arroyo and BSP governor Rafael Buenaventura were introduced earlier than the features mentioned above which makes the only banknote with the 2001 year mark to not feature the signature of President Joseph Estrada.
  • 2010: New Generation Currency series, The portraits of Abad Santos, Escoda, and Lim were revised, and a scene from the Centennial celebration of Philippine independence was added on the lower left and an image of the Order of Lakandula medal in the lower middle. The reverse now features the Tubbataha Reefs Natural Park and the South Sea pearl.[3]
  • 2017: An updated version of the New Generation Currency Series One thousand piso banknote was issued with changes in the font size of the year of issue and the italicization of the scientific name on the reverse side. The image of the Order of Lakandula and its description on the front side of the note were also removed.[4]
  • 2018: Additional security features in the 1000 peso note, a blue 5mm-wide "3D security thread" (trademarked "Motion" by Crane Currency).[5]

Commemorative issues[edit]

Throughout its existence, the one thousand peso bill have been overprinted to commemorate certain events, namely:

60 years of Central Banking commemorative bill[edit]

On July 9, 2009, the Bangko Sentral ng Pilipinas introduced 12 million banknotes (2 million banknotes for each denomination) with an overprint commemorating 60 years of central banking. The overprint appears on the watermark area on all six circulating denominations.

References[edit]

  1. ^ a b http://www.esquiremagazine.ph/the-magazine/how-to-make-money
  2. ^ 1000-peso notes out soon, Manila Standard, December 7, 1991
  3. ^ Cory, Ninoy together again on new 500-peso bill, Jam Sisante, GMANews.TV, December 16, 2010
  4. ^ BSP Releases New Generation Currency Banknotes with Enhanced Design and the Signature of the Fourth Governor of the Bangko Sentral ng Pilipinas, Bangko Sentral ng Pilipinas, December 5, 2017
  5. ^ Laponos, Jose (August 3, 2018). "New 1000 Peso Banknote With 3D Security Thread - PHILIPPINES".