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5 Centavos SBNC
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951-1953 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1857-1967) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| 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 FIVE CENTAVOS THIS NOTE IS LEGAL TENDER IN THE PHILIPPINES FOR ALL DEBTS PUBLIC AND PRIVATE |
| Reverse description | Log in to see details |
| Reverse lettering | PHILIPPINES FIVE CENTAVOS SECURITY BANKNOTE COMPANY 5 |
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| Comments |
The Security Banknote Company of Philadelphia produced this series for the newly established Central Bank of the Philippines, which had only opened in January 1949 — the first time the country held full control over its own monetary policy after decades of the peso being pegged directly to the US dollar under the Philippine Commonwealth arrangement. These small-denomination centavo notes were part of the initial push to populate domestic circulation with distinctly Filipino currency.
The question mark on SBNC's contract date in most references reflects genuine archival gaps; the Central Bank's early procurement records are incomplete.