Philippines Republica Filipina 1 Peso 24.4.1899 Pick A28a PCGS Choice About New 58. In most cases, banknotes are desirable due to their aesthetic features, high denomination, or rarity. This example from the Philippines is exceedingly rare and an important relic from the first Republic on the entire Asian continent. The Spanish-American War began in 1898, and had a lasting impact on global balance of power. The United States obtained its first true colonial possessions and ended Spanish involvement in the Caribbean and Southeast Asia. Immediately thereafter, Philippine forces attacked their new colonial leaders and established the first Philippine Republic lead by Emilio Aguinaldo. The United States regained control of the archipelago by 1901 and the Republic ended. In that brief period of the Republic, two hasty series of banknotes were created, all with common design elements. This 1 peso is the only known surviving denomination of the 1899 series, and it truly is a remarkable example. Hastily applied serial numbers are seen on the front side of this banknote. A small hole in counterfoil section is mentioned by the third party grading company.

HID09801242017

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