1976 PHILIPPINE AIR LINES

February 14

Lithographed by APO - NEDA, Manila, in sheets of 50 subjects (5 x 10).
Printed on ordinary paper with cream gum. Issued perforation 12 1/2. 
Quantity: 60s and 1.50p -- 1,000,000 each

Normal

60s: BLACK OFFSET

1.50p: BLUE INVERTED OFFSET

1.50p: BLUE OFFSET

SHIFTED and SLANTED HORIZONTAL PERFORATION