CENTRAL BANK OF THE PHILIPPINES
THIS NOTE IS A LIABILITY OF THE CENTRAL BANK AND IT IS
FULLY GUARANTEED BY THE GOVERNMENT OF THE REPUBLIC
OF THE PHILIPPINES
TEN CENTAVOS
THIS NOTE IS LEGAL TENDER IN THE PHILIPPINES
FOR ALL DEBTS PUBLIC AND PRIVATE
Reverse lettering
PHILIPPINES
TEN CENTAVOS
WATERLOW & SONS LIMITED
Variants
There exists a very rare variant with rounded edges and an overprint "in silver" (У СРЕБРУ). Only 3 known samples exist, with serial numbers A.059 998, A.059 999 and A.059 000.