Watch List notes:

Philippines, Allied counterfeit of Japanese Government issue, 50 centavos, ND (1942), certified PMG Choice UNC 64 EPQ. SCWPM-105x; Schwan-Boling-2223q. Block PF. High grade counterfeit produced by General MacArthur to ruin the Philippine pesos issued by the Japanese puppet government. PMG #1538674-002. (Estimate: $100 - 150)