Watch List notes:

Philippines (5) comprising Treasury Certificate 1 Peso Pick 89a series of 1941 serial number E3820035E. Treasury Certificates "VICTORY" overprint on reverse certificates including 1 Peso Pick 94 serial number F38553197 overprint on Pick 89 UNC and 2 Pesos Pick 95a serial number F11870387 overprint on Pick 90 GEF. Central Bank of the Philippines red overprint "Central Bank of The Philippines" on "VICTORY" issues (2) 1 Peso Pick 117b ND1949 overprint on reverse of Pick 94 serial number F66828492 and 100 Pesos Pick 123a ND 1949 overprint on reverse of Pick 100 serial number F00223736 Rare, about VF - VF Minor Repair.

Estimate: 50-100 GBP