Philippine Coins and Banknotes blogged about this:

Banknote collectors have something to look forward to in 2008. In commemoration of the centennial of the University of the Philippines (UP), the “Bangko Sentral ng Pilipinas has approved the overprinting of the image of the Oblation on new hundred peso bills to be circulated soon” (up.edu.ph).

100 peso bill UP centennial cropped

The image above is only a speculation. Overprints are usually done on the white space on the right side of the banknote. The overprinted bills will most likely be issued in 2008, the year of UP’s centennial.

The Oblation is the iconic symbol of the University of the Philippines, represented by a man with arms wide-stretched and face facing up, symbolizing selfless offering of one’s self to his country.

Since I’m a Filipino numismatist (a coin collector) and marvel at Philippine monetary units (coins and banknotes), I am really excited about this. I’m sure to be waiting for this overprinted 100 peso bill! Yehey! :)

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