p121r: 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. Sergio Osmeña and J. Hernandez. As a replacement banknote with * at the end of the serial number.

• Country & Pick Number:Philippines p121r
• Denomination & Currency:20 Pesos
• First Year of Issue:1949
• Issue Type: Replacement Note
• Series:1949 ND Provisional Issue
• Issuer:Central Bank of the Philippines