Catalog
500 Pesos
| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1951 |
| Type | Log in to see details |
| Value | 500 Pesos |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 500 PESOS 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 500 FIVE HUNDRED PESOS THIS NOTE IS LEGAL TENDER IN THE PHILIPPINES FOR ALL DEBTS PUBLIC AND PRIVATE MANUEL ROXAS |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Central Bank of the Philippines was established only in 1949, replacing the Philippine Treasury and the pre-war currency board arrangement that had tied the peso directly to the U.S. dollar at a fixed rate. These early De La Rue issues were part of the first sovereign Philippine currency series — produced abroad because the Bangko Sentral had no domestic printing capacity yet. The 500 Peso denomination was the highest in the initial series, intended primarily for interbank settlement rather than retail circulation, which partly explains why surviving examples with any handling are relatively uncommon.
De La Rue's watermark on this series is a simple but clean execution, consistent with their standard security specification of the period.