p121b: 20 Pesos from 1949

ND (1949). Black on yellow underprint. Mayon volcano at center. Back: Tan. Overprint: Red CENTRAL BANK/OF THE PHILIPPINES on back of p98. Thick lettering. Manuel Roxas and M. Guevara.

• Country & Pick Number:Philippines p121b
• Denomination & Currency:20 Pesos
• First Year of Issue:1949
• Issue Type: Regular Issue