Obverse
The 50-piso note shows the portrait of President Sergio S. Osmeña, who was also the first Speaker of the Philippine Assembly. A gavel signifying his speakership and the Fuente Osmeña monument erected in his honor in his native Cebu City appear on the Right side. "Ang Salaping ito ay bayarin ng Bangko Sentral at pinananagutan ng Republika ng Pilipinas" "Republika ng Pilipinas" "Limampung Piso"
Reverse (Executive House)
The reverse features the Executive House (now National Museum). "Executive House" "Dating Gusali ng Batasan" "Limampung Piso"
Reverse (National Museum)
The reverse features National Museum, the main repository and guardian of Philippine natural and cultural heritage. "National Museum" "Gusali ng Pambansang Museo" "Limampung Piso"
Security Features
Portrait watermark that can be seen when viewed against the light. Broken security thread arranged in a vertical line. Red and blue visible fibers all over the note and invisible fluorescent printing
Remarks
New Design Series was considered demonetized after pursuant to BSP Circular No. 863, 910, 935, 954, 977