Philippine Paper Money Errors
Philippine paper money errors are often sought by currency enthusiasts. An error note from the Philippines may contain mistakes that involve the serial number of the banknote, improper cutting or printing, or other irregularities that affect the value of paper money as a collectible. The issue of currency that contains mistakes is often rare, making these banknotes a good addition to your existing collection.What are common examples of Philippine paper money error notes?
Some issue errors observed in Philippine banknotes are more common than others. These are some of the most frequent mistakes.
- Serial number mistakes: A serial number is an important identifier for money printed in the Philippines and all other countries. It serves to differentiate one banknote from any other in circulation. Sometimes serial numbers are repeated by mistake. In other cases, a serial number used in the Philippines may be printed out of sequence.
- Cutting mistakes: Currency in the Philippines is printed in large sheets. These sheets must then be cut by machines in order to produce single banknotes. Machines can sometimes make an improper cut. This can result in off-center printing caused by one bill overlapping another. This type of issue happens frequently in the Philippines, but most cases are detected before the affected currency makes its way into circulation.
- Butterfly cuts: These cuts result in a portion of banknotes from the Philippines being completely eliminated. They are most often observed in the corners of paper bills.
Rare errors are those which occur less frequently. Some of these errors from the Philippines can greatly increase the value of collectible paper money. These are a few mistakes that could be considered a rare issue.
- Faceless Philippine bills: There have been cases when a portrait has been omitted from paper bills printed in the Philippines. This is due to a flaw in the currencys printing plates or mechanism.
- Wrong colors: Sometimes the wrong ink is used to color portions of a bill. This can make the flawed bill appear visually different than normal. As an example, the colors of the flag of the Philippines or other emblems may be reversed.
- Added elements: Some examples of flawed money exist that bear designs or marks that are not part of a proper banknote used in the Philippines. These can be complete symbols or minor marks that are created during the printing process.
- Incorrect writing: The text on a piece of money from the Philippines can also be subject to errors. Examples include misspelled words, failure to capitalize or italicize words, and the use of an incorrect word.
- Geographic errors: Some bills display maps of important landmarks in the Philippines. These maps can sometimes render as geographically incorrect.