Series of 1908 Veinte Pesos El Banco Espanol Filipino Note Value
Description: The higher the denomination, the better the condition, the lower the print run, the more rare and valuable the Philippine banknote is going to be. This 20 pesos banknote only had about 25,000 notes printed, which means the bill pictured above falls into all of the categories which makes it an extremely rare note. A perfect storm. We buy all these banknotes from the Philippines and we pay more than anyone for them. We’re collectors and we don’t have the overhead cost of a brick and mortar shop.
Value: Low-grade examples should be worth at least $2,500. We would pay over $5,000 for better condition examples.