20 Centavos

Issuer	Central Bank of the Philippines
Year	1951
Type	Standard circulation banknote
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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 TWENTY CENTAVOS THIS NOTE IS LEGAL TENDER IN THE PHILIPPINES FOR ALL DEBTS PUBLIC AND PRIVATE
Reverse description	Green intaglio printing on light green underprint, with a dense guilloche underprint field bearing repeated 'CENTRAL BANK OF THE PHILIPPINES' lettering across the entire surface. A central ornate cartouche encloses a large '20' numeral over an intricate lathe-work background, flanked by scrollwork ornaments at left and right. The issuer name 'PHILIPPINES' runs in bold serif lettering along the top margin, and the printer's imprint appears below the lower border.
Reverse lettering	PHILIPPINES TWENTY CENTAVOS SECURITY BANKNOTE COMPANY
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