PHILIPPINES. Philippine National Bank. 50 Pesos, 1920. P-49. Unissued. PMG Choice Very Fine 35 & About Uncirculated 55 EPQ.
2 pieces in lot. Both are P-49 and are unissued. Lawton seen pictured at left, with ruby red overprints and green branch design across face of note.
Estimate: $500.00- $750.00