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Only 300,000 pieces were printed.
The obverse shows President Joseph Ejercito Estrada taking his oath of office on June 30, 1998.
The reverse depicts the re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite on June 12,1998 by President Fidel V. Ramos. It also features the Philippine Centennial Commission Logo.