Catalog
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| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1955-1957 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is executed entirely in green, with the denomination '1/2' in bold numerals flanked by two large intricate guilloche rosettes at left and right, each bearing the fractional value. A central scroll cartouche carries the bold intaglio inscription 'HALF PESO', with '50 CENTAVOS' at top corners and 'PHILIPPINES' along the upper border. |
| Reverse lettering | 50 CENTAVOS PHILIPPINES 1/2 HALF PESO |
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| Comments |
The Central Bank of the Philippines contracted Thomas De La Rue for this series shortly after establishing its own currency-issuing authority in 1949, breaking from the pre-independence arrangement under the Philippine National Bank. De La Rue printed the entire English series through the mid-1950s before the Philippines gradually shifted toward domestic printing capacity.
The fractional peso denomination reflects a monetary environment where centavo-range purchasing power still mattered in everyday rural transactions — the half-peso wasn't ceremonial filler. By the early 1960s, inflation had effectively retired it from practical use.