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50 Piso Without horizontal bars

Issuer Bangko Sentral ng Pilipinas
Year 2010-2021
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Value 50 Pesos (50 piso)
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Reverse description The left field presents a cartographic vignette of the Philippine archipelago, while the centre is occupied by a scenic view of Taal Lake accompanied by an illustration of the Maliputo (Giant Trevally, Caranx ignobilis). A traditional handwoven textile motif from Batangas province forms the decorative panel at right, the whole rendered in warm ochre tones over guilloche underprint.
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Protection description Watermark portrait of Sergio Osmeña and electrotype numeral '50' visible when held to light
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Comments

The "without horizontal bars" designation refers to a security feature modification mid-series — certain printings omitted the horizontal bar elements that appeared on related issues, a distinction that matters primarily to variety collectors tracking the BSP's incremental security upgrades across the New Generation Currency series launched in 2010.

The abacá fiber content is worth noting: the Philippines is the world's dominant producer of abacá, and its incorporation into the substrate is both a practical sourcing decision and a deliberate nod to a domestic industry. The text revision from "Leyte Landing" to "Leyte Landing October 1944" appearing on Duterte-era Espenilla signature printings — apparently unlisted in the standard Pick catalog — is the kind of quiet typographic change that goes unrecorded for years before collectors notice.

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