About the Design:

Obverse
On January 3, 1949, the Central Bank of the Philippines was established under the third republic& hence 1949 appears on the coin (inner Circle).
The year of minting of coin appears in the outer circle.

Lettering:
ANG BAGONG LIPUNAN
BANGKO SENTRAL NG PILIPINAS
· 1949 ·
* Year *

Translation:
The New Society
Central Bank of Philippines

Composition    Copper-nickel
Weight             2 g
Diameter    18 mm
Thickness    1.1 mm
Shape           Round