Obverse
Portrait of Governor-General Frank Murphy and President Manuel L. Quezon "Commonwealth of the Philippines" "Fifty Centavos" ""
Reverse
The official coat of arms of the Commonwealth of the Philippines, Mintmark of Manila Mint "United States of America" ""
Note
Issued to commemorate the First Founding Anniversary of the Commonwealth of the Philippines on
Remarks
1. - In , many were dropped into Manila Bay near Corregidor Island to avoid seizure by the invading Japanese forces.
2. - First issued coins of the Commonwealth of the Philippines together with M One Peso Murphy - Quezon Commemorative Coin and M One Peso Roosevelt - Quezon Commemorative Coin
3. - First commemorative coins issued of the Philippines together with M One Peso Murphy - Quezon Commemorative Coin and M One Peso Roosevelt - Quezon Commemorative Coin