PHILIPPINES. Philippine Islands Treasury Certificate. 20 Pesos, 1918. P-63A. PMG Choice Extremely Fine 45.
Only 7 pieces certified by PMG on their population report, with none finer than VF except for this making it the sole finest certified. Bright yellow color throughout most of the note, with just PMG comments of "Minor Stains".
Estimate: $2000.00- $3000.00