PHILIPPINES. Bank of the Philippine Islands. 50 Pesos, 1912. P-10b. PMG Choice Very Fine 35.
A very scarce 50 Dollar denomination with a unique B8864 serial number. Ink running is seen and mentioned by PMG in the comments section of the holder as 'Discoloration' which seems to be common for this type. PMG Choice Very Fine 35.
Estimate: $500.00- $1000.00