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Monday, November 26, 2012

Notes on the New 50-Peso Banknote

The New Generation Banknote Series of the Philippine peso were released in December 2010.  Among these banknotes, the 50-peso bill feature Sergio Osmeña. It can be recalled that aside from Osmeña was the only first Philippine president born in Visayas (Cebu).

The obverse side of the New Design / Bangko Sentral ng Pilipinas (BSP) Series 50-peso bill has a mace and gavel representing Osmeña's role as Speaker of the Philippine House of Representatives from 1907 to 1922. The reverse side of the New Design / BSP Series 50-peso bill features an image of the National Museum building, formerly the Legislative Building. Five palm trees, presumably coconut, can be seen at the front of the building.

Obverse side of the 50-peso bill, New Design / Bangko Sentral ng Pilipinas (BSP) Series
Reverse side of the 50-peso bill, New Design / BSP Series

Like the other New Generation Banknote Series peso bills, the obverse side of the new 50-peso bill seems to show us the "rejuvenation" of Osmeña. It also highlights events in which Osmeña was part of, namely the First National Assembly in 1907 and the General Douglas MacArthur's 1944 landing in Leyte. The reverse side of the New Generation Banknote Series 50-peso bill features images of Taal Lake in Batangas province and maliputo (Catanx ignobilis), a fish that thrives in this lake.

Obverse side of the 50-peso bill, New Generation Banknote Series
Reverse side of the 50-peso bill, New Generation Banknote Series

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