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Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
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Lot 30382

Starting price: 6000 USD
Price realized: 8000 USD
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PHILIPPINES. Treasury Certificate. 100 Pesos, ND (1944). P-100as. Replacement Specimen. PCGS Very Choice New 64 PPQ.
This astonishing specimen-replacement hybrid piece, is the only note we have seen or offered of the variety. It is beyond a near impossible challenge to find this note in either specimen or replacement form. Magellan imaged at right. This note is near gem, with bright blue inks and a soft yellow hue under the 100 obligation at center. Low Serial Number 161*.

This is a Replacement Specimen of the first Pick 100a variety with "Auditor General" signature title at right instead of the later varieties that are found with a Treasurer panel. Perforated SPECIMEN seen at the bottom of the design within the "One Hundred Pesos" obligation banner. Victory overprint on the reverse. We have conservatively estimated this ultra rare piece, and thus would not be surprised to see this note hammer way above our estimate. This is the highest denomination of the series that we are offering in this Replacement Specimen variety. A rare opportunity for a seasoned collector to acquire a truly mystical anomalous piece.

PCGS Very Choice New 64 PPQ.

Estimate: $10000.00- $15000.00

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