Watch List notes:

PHILIPPINES, Repúblika ng Pilipinas. 1946-present. Sterling AR Proof 25 Piso (36mm, 12h). On Her Meeting with President Ronald Reagan at the White House, 17 September 1986. Franklin mint. Dated 1986. Bust of Corazon Aquino left / Bust of Ronald Reagan right. See Heritage 458, lot 52071 (for another example, but not in original packaging). Proof. In original mint packaging. Rare, reported mintage of 1,000 specimens.