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20 Centavos

Issuer Central Bank of the Philippines
Year 1953-1957
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Value 20 Centavos (0.20)
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Obverse description Green on light green underprint. The circular seal of the Central Bank of the Philippines (dated 1949) is positioned at left centre, while a large ornate numeral '20' vignette occupies the centre of the note, with the denomination 'TWENTY CENTAVOS' inscribed on a banner across it. Two facsimile signatures appear at the bottom, attributed to the President of the Philippines and the Governor of the Central Bank, with decorative guilloche corner medallions bearing the numeral '20' at each corner.
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Reverse description Uniformly green. The centre is occupied by a large scalloped guilloche medallion bearing the stylised numeral '20' and a 'TWENTY CENTAVOS' banner, flanked by symmetrical foliate scroll ornaments. The entire field is covered by a dense, repetitive letterpress underprint of 'CENTRAL BANK OF THE PHILIPPINES' in oval cartouches, with decorative corner pieces and the printer's imprint 'THOMAS DE LA RUE & COMPANY. LIMITED. LONDON.' at the foot.
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Comments

The P#130 series was part of the Central Bank of the Philippines' first domestically-authorized fractional currency program following the bank's establishment in 1949. De La Rue printed the full centavo range for this series, and the 20 centavos denomination saw the heaviest everyday circulation of the lot — low-value fractional notes in the Philippines during the 1950s moved through market transactions at a punishing rate, and survivors in anything above well-worn condition are genuinely uncommon.

The cotton-linen substrate De La Rue used was standard for their tropical-climate contracts, chosen specifically for durability in humid conditions.

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