Catalog
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1949 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Orange-tan letterpress design with a central guilloche medallion incorporating the Philippine coat of arms, surrounded by elaborate scroll-work border. A bold black overprint of VICTORY spans the centre of the note, with CENTRAL BANK and OF THE PHILIPPINES printed in red above and below respectively. Denomination numerals 20 appear in each corner, and TWENTY PESOS is lettered in the bottom panel. |
| Reverse lettering | CENTRAL BANK VICTORY OF THE PHILIPPINES TWENTY PESOS |
| Signature(s) | Sergio Osmeña & J. Hernandez Manuel Roxas & M. Guevara |
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