Depicts a portrait of Manuel L. Quezon, date and value on the right on the background (microprint of "Republika ng Pilipinas"), country name above, his name on the right below the portrait, mintmark on the left below the value, and microdots.

Manuel Luis Quezon y Molina (1878–1944), also referred to by his initials MLQ, was a Filipino statesman, soldier and politician who served as president of the Commonwealth of the Philippines from 1935 to 1944. He was the first Filipino to head a government of the entire Philippines (as opposed to the government of previous Philippine states), and is considered to have been the second president of the Philippines, after Emilio Aguinaldo (1899–1901).

During his presidency, Quezon tackled the problem of landless peasants in the countryside. His other major decisions include the reorganization of the islands' military defense, approval of a recommendation for government reorganization, the promotion of settlement and development in Mindanao, dealing with the foreign stranglehold on Philippine trade and commerce, proposals for land reform, and opposing graft and corruption within the government. He established a government-in-exile in the U.S. with the outbreak of the war and the threat of Japanese invasion.

It was during his exile in the U.S. that he died of tuberculosis at Saranac Lake, New York. He was buried in the Arlington National Cemetery until the end of World War II, when his remains were moved to Manila. His final resting place is the Quezon Memorial Circle.

Depicts Scyphiphora (Nilad) on the left, logo of the Central Bank of the Philippines on the right, Malacañang Palace below on the background (microprint of "Bangko Sentral ng Pilipinas") and microdots.

One popular — but antiquated and less linguistically plausible — etymology for Manila, the capital city of the Philippines, asserts that the city's name derives from this shrub, locally known as nilad.

Malacañang Palace is the official residence and principal workplace of the President of the Philippines. It is located in old Manila district of San Miguel, and is commonly associated with Mendiola Street. The term "Malacañang" is often used as a metonym for the president and his advisers.

Plain edge with the inscription of "BSP" (Bangko Sentral ng Pilipinas) at six angles