1886 1/8 de centavo
A known bogus cancellation. CORREIO is Portuguese, not Spanish.
|1889 1 milesima de peso|
|1889 2 milesmas de peso|
|1889 5 milesimas de peso|
Another bogus cancellation?
The first set of newspaper stamps of the Philippines came out on 1886-89 with 4 denominations portraying King Alfonso XII. The inscription IMPRESOS means printed matter.
There are bogus cancellations on these stamps made by fakers because used copies cost more than mint.