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One Peso This banknote is a 1936 Philippines One Peso Treasury Certificate, issued during the Commonwealth period when the Philippines was under United States administration. Key Features & Design Portrait: The man on the left is Apolinario Mabini, a Filipino revolutionary leader and national hero known as the "Sublime Paralytic" and "Brains of the Revolution". Seal: On the right is the red seal of the Commonwealth of the Philippines. Production: These certificates were printed by the U.S. Bureau of Engraving and Printing in Washington, D.C. Estimated Market Value The value of this banknote depends heavily on its condition (grading). Based on recent listings and sales: Heavily Circulated: Between $10 and $25.