Series of 1905 Twenty Silver Pesos Certificate from The Philippine Islands Note Value
Description: The above example is a nice condition twenty silver pesos certificate payable to the bearer on demand. That means, back in the early 1900s, someone who owned this bill could take it to the bank and exchange it for equal value in silver.
Even in lower conditions, this note is EXTREMELY rare. Not many have been seen in collections. You can tell by the very low print run of only 300,000 silver peso notes that were printed. What makes this note so rare is the condition, the demand in the market, and how few were printed.
There are later issued twenty pesos notes from the Philippines that look almost identical to this bill but the date is different. It goes to show that something as simple as a date could significantly impact the value of a bill. Contact us if you have a note like this and we’ll respond within 24 hours with our best offer.
Value: Low-grade examples should be worth at least $1,500. We would pay over $5,000 for better condition examples.