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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | The reverse is centred on a large numeral "5" set within an elaborate rosette of fine-line guilloche engraving, flanked by symmetrical ornamental scrollwork, with a horizontal ribbon panel bearing the denomination inscription running across the middle. The entire field carries a dense underprint of repeated "CENTRAL BANK OF THE PHILIPPINES" lettering arranged in oval cartouches, all enclosed within an intricate red geometric border. The printer's imprint appears in the lower margin. |
| 裏面の銘文 | PHILIPPINES FIVE CENTAVOS WATERLOW & SONS LIMITED |
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| 偽造防止技術 | ログイン して詳細を見る |
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Waterlow & Sons printed this series for the Central Bank of the Philippines under a contract arrangement that reflected postwar Manila's limited domestic printing capacity. Waterlow had long-standing ties to Asian and Pacific currency clients — including Malaya and Hong Kong — and the Filipino contract fit a familiar pattern of newly independent states outsourcing security printing to established British firms while building their own infrastructure.
P#126 is among the lower-denomination notes of the 1949–1953 series and circulated hard. Survivors in collectible condition are underestimated by the market relative to their actual scarcity.