Stack's Bowers & Ponterio
January 2017 NYINC Auction 12-14 January 2017
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PHILIPPINES. Philippines National Bank. 100 Pesos, 1920. P-50. PMG Choice Fine 15 Net. Rust, Overprint Bleed Through.
Magellan pictured at center on this 100 Pesos note, which is also the highest denomination of the series. This piece is seldom offered in auctions, and it is the first we have offered which shouldn't be surprising given that only 200,000 pieces produced. Bleeding of the overprint and some rust spots are seen as is mentioned in the comments section of the PMG holder. PMG Choice Fine 15 Net. Rust, Overprint Bleed Through.
Estimate: $6000.00- $8000.00
Magellan pictured at center on this 100 Pesos note, which is also the highest denomination of the series. This piece is seldom offered in auctions, and it is the first we have offered which shouldn't be surprising given that only 200,000 pieces produced. Bleeding of the overprint and some rust spots are seen as is mentioned in the comments section of the PMG holder. PMG Choice Fine 15 Net. Rust, Overprint Bleed Through.
Estimate: $6000.00- $8000.00