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Value of Blacked Out Philippine National Bank Twenty Pesos Note

Value of Blacked Out Philippine National Bank Twenty Pesos Note

Country: The Philippines

Series Year: No Date

Type: Black Print

Denomination: Twenty Pesos

Cashier: S. Mercado

President: V. Concepcion

Quantity Printed: N/A

Comments: This is a rare and unusual bank note. The blackout you see makes some people think these have no value. It is actually the exact opposite. These were originally issued for The Bank of the Philippine Islands. As you can imagine, no one wanted to try to use this in commerce. They were rarely accepted and frequently redeemed for other money. Not many exist today. We would be pay at least a few thousand dollars for a nice example, and probably a lot more.

Text: Will Pay The Bearer On Demand – Twenty Pesos – Manila P. I.

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