Catalog
10 Centavos
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951 |
| Type | Log in to see details |
| Value | 10 Centavos (0.10) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Purple note with a dense lathe-work underprint carrying the repeated legend 'CENTRAL BANK OF THE PHILIPPINES' across the entire field. At centre, a large scalloped guilloche medallion encloses the bold numeral '10' above a banner cartouche inscribed 'TEN CENTAVOS', flanked by ornamental floral vignettes. The printer's imprint 'SECURITY BANKNOTE COMPANY' appears in small letters at the lower margin. |
| Reverse lettering | PHILIPPINES 10 TEN CENTAVOS SECURITY BANKNOTE COMPANY |
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| Comments |
The Security Banknote Company of Philadelphia printed several of the early Central Bank of the Philippines issues following the bank's establishment in 1949 — itself a requirement under the Bell Trade Act, which made a Philippine central bank a condition of postwar U.S. financial assistance. The 10 Centavos sat at the lowest practical denomination of the series, a level where production costs and actual purchasing utility were already in uncomfortable proximity.
The question mark on the printer's date range in most catalogs reflects genuine uncertainty — SBNC's contract documentation for this period has not been fully reconciled against surviving specimens.