Bust of Jose Rizal facing right, at left. Large Central Bank seal type 1 at lower right.
Reverse description
Landing of Magellan in the Philippines
Signature(s)
Protection type
Protection description
Obverse lettering
CENTRAL BANK OF THE PHILIPPINES
THIS NOTE IS A LIABILITY OF THE CENTRAL BANK AND IS
FULLY GUARANTEED BY THE GOVERNMENT OF THE REPUBLIC
OF THE PHILIPPINES
TWO PESOS
THIS NOTE IS LEGAL TENDER IN THE PHILIPPINES FOR ALL DEBTS PUBLIC
AND PRIVATE
Thomas De LaRue & Co Ltd.
Reverse lettering
TWO PESOS
2 PESOS
LANDING OF MAGELLAN IN THE PHILIPPINES
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.