The Extremely Rare 1986 Marcos head 500 - peso note to be auctioned this Month

Lot Description of the Marcos Head 500-peso banknoteThe Bayanihan Collectors Club Local Auction CatalgueAfter the Marcos regime ended, the Aquino government implemented a draconian reformation including the immediate deletion of all memories that would remind the public of the former president. Statues, monuments, publications, including projects were torn down, demolished, or discontinued as part of the process. During that same period, then Bangko SentralNg Pilipinas was about to introduce the 500-peso denomination, which featured Marcos head. Before the denomination was about to be distributed, Ferdinand Marcos was ousted by way of the...

Read More

Banknote Errors Part 2: Mismatched, Miscut, and Asterisk in One!

An Error 5 Pesos Ang Bagong Lipunan Series (Marcos - Laya signed)This site has featured some of the best Philippine banknote errors in the past few months. Due to the ongoing economic crisis in the United States, some local dealers have decided to unload their collections to raise cash. In the past few months, we have otherwise seen some of the best error notes and rarities that have came out and might be the first time that the public has been made aware of existed.Collecting error notes is much tougher than coins, since error notes are rarer and harder to find in best condition. One of the best error notes that have been acquired recently...

Read More

Econonomic Report: OFW Remittance up by 17.2 %

Remittances of overseas Filipinos coursed through banks continued to be above the billion-dollar mark, at US$1.3 billion in August 2008. As a result, year-to-date remittances totaled nearly US$11 billion (at US$10.9 billion). The remittance level for the first eight months was 17.2 percent higher compared to the level recorded in the same period a year ago. Remittances in August 2008, however, grew at a slower pace of 10.4 percent compared to previous months. While the ongoing global economic slowdown could put some dent on the growth of remittances, particularly from those advanced countries that would be most affected by the strains in...

Read More

The 1910 S Ten Centavos: Truth or Dare!

The 1910 San Francisco Mint Ten CentavosIt had been more than two decades since the 1910 San Francisco Mint Ten Centavos was published that if somebody would have found it, the collector would have paid a great sum to have the fabled coin. The 1910 S is one of the famous numismatic pieces that had a very colorful background. Almost a century and there is still no confirmed and graded specimen had ever surfaced except for those 1918 S that were with altered dates to look like the 1910 S. Luckily, I was able to meet the person who claimed that he possesses the most intriguing coin in Philippine numismatic history. He don’t want to tell his...

Read More

Collecting Coin is Fun?

When I started out collecting coins, most people thought that I had a weird hobby. Since, I always spent a portion of my allowance on coins, my parents would even think that I was wasting my time and coin collecting was detrimental. I was aware that I was the only one even in my class who has such passion for coins but i really don't know what made me kept happy whenever I add a piece of penny or a couple of change found from a "balikbayan" neighbors "pasalubong" to my collection. I felt excited whenever I visit a local coin shop or an antique shop to glance at some of the displays and always told myself that I would buy one in the future after i had asked the owner how much the price of that piece would be. I stopped collecting coins for a while when I reached college. The schedule...

Read More