Logo of Bangko Sentral ng Pilipinas (BSP) within circle and gear design, 1993 (date a new BSP was established) below.

Adopted in 1993, the original seal consisted of a stylized representation of the sun hovering over mountain ranges and above the Philippine flag which was framed by a wheel.

Depicts the portrait of Apolinario Mabini and Andres Bonifacio facing right with the denomination and mintmark, surrounded by the country name above and date below.

Apolinario Mabini y Maranan (1864–1903) was a Filipino revolutionary leader, educator, lawyer, and statesman who served first as a legal and constitutional adviser to the Revolutionary Government, and then as the first Prime Minister of the Philippines upon the establishment of the First Philippine Republic. He is regarded as the "utak ng himagsikan" or "brain of the revolution".

Andrés Bonifacio y de Castro (1863–1897) was a Filipino revolutionary leader and the president of the Tagalog Republic. He is often called "The Father of the Philippine Revolution". He was one of the founders and later Supremo (Supreme Leader) of the Kataas-taasang, Kagalang-galangang Katipunan ng mga Anak ng Bayan or more commonly known as the "Katipunan", a movement which sought the independence of the Philippines from Spanish colonial rule and started the Philippine Revolution. He was also one of the Filipino historical figures to be recommended as a national hero of the Philippines.