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500 Piso Central Bank
| Issuer | Bangko Sentral ng Pilipinas |
|---|---|
| Year | 1999 |
| Type | Log in to see details |
| Value | 500 Pesos (500 piso) |
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| Composition | Log in to see details |
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|---|---|
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| Reverse description | The central field features two overlapping circular medallions in high relief, depicting the official seals of the Central Bank of the Philippines (1949) at left and the Bangko Sentral ng Pilipinas (1993) at right, symbolizing the institutional continuity across fifty years. The date 1949 is prominently struck above the medallions and 1999 below, framing the commemorative span. The upper circumferential legend reads LIMAMPUNG TAON NG PAGBABANGKO SENTRAL SA PILIPINAS in bold raised lettering, while the lower arc bears CENTRAL BANK OF THE PHILIPPINES BANGKO SENTRAL NG PILIPINAS 1993, with a single five-pointed star as separator at the base. |
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| Reverse lettering | LIMAMPUNG TAON NG PAGBABANGKO SENTRAL SA PILIPINAS ★ 1949 1999 CENTRAL BANK OF THE PHILIPPINES BANGKO SENTRAL NG PILIPINAS 1993 (Translation: Fifty years of central banking in the Philippines. Central Bank of the Philippines.) |
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| Additional information |
Issued to mark the 50th anniversary of the Bangko Sentral ng Pilipinas, though the central bank's actual history is more complicated than a clean 1949 founding date suggests — the original Central Bank of the Philippines was established under Republic Act 265 signed by Elpidio Quirino in June 1948, with operations beginning in January 1949. The institution was reconstituted entirely under a new charter in 1993, making the 1999 commemoration something of a selective anniversary count.