Heritage World Coin Auctions
Paper Money Fair Signature Sale 4033 23 Oct 2021
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Philippines Central Bank of the Philippines Overprinted on "Victory Series" 500 Pesos ND (1949) Pick 124c PMG Choice Extremely Fine 45. This is the third of three signature varieties that has been overprinted and used as the inaugural series for the Central Bank of the Philippines. Only light circulation is present on this highest denomination, which was convertible to $250 USD at the time; quite a substantial sum for any locale in the late 1940s. The visual appeal is quite good on this example. Printer and bank records indicate that 86,716 notes featuring the signatures of Roxas and Guevara were overprinted. https://currency.ha.com/itm/world-currency/philippines-central-bank-of-the-philippines-overprinted-on-victory-series-500-pesos-nd-1949-pick-124c-pmg-choi/a/4033-28411.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4033-10232021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 800-1200 USD
Philippines Central Bank of the Philippines Overprinted on "Victory Series" 500 Pesos ND (1949) Pick 124c PMG Choice Extremely Fine 45. This is the third of three signature varieties that has been overprinted and used as the inaugural series for the Central Bank of the Philippines. Only light circulation is present on this highest denomination, which was convertible to $250 USD at the time; quite a substantial sum for any locale in the late 1940s. The visual appeal is quite good on this example. Printer and bank records indicate that 86,716 notes featuring the signatures of Roxas and Guevara were overprinted. https://currency.ha.com/itm/world-currency/philippines-central-bank-of-the-philippines-overprinted-on-victory-series-500-pesos-nd-1949-pick-124c-pmg-choi/a/4033-28411.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4033-10232021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 800-1200 USD