Manila, Philippines, Treasury Certificate, 20 pesos, 1929, serial C441402C, PMG VF 20 / minor rust. SCWPM-77. Desirable Philippines "volcano" note depicting Mount Mayon on the island of Luzon; only 502,000 notes were printed. PMG notes minor rust yet still retaining a pleasing appearance with bold obverse colors and embossing still visible through the holder. PMG #8045064-006.
Estimate: $350-500