PHILIPPINES. 20 Centavos, 1905. NGC PROOF-63.
KM-166. Thick deep old envelope toning throughout with the reflective proof luster showing most in the peripheral legends and haloing around the figure, shield and eagle. A few hints of lapis blue highlights glint out when turned in the light. From the lowest mintage year of proof strikings with only 471 pieces produced. NGC PROOF-63.
Estimate: $300.00- $400.00