Have you gotten yourself a 100-peso bill with the UP Oblation logo on it?
I asked because it seems like the bills are now widely circulated. For one, some PMT readers posted comments in the article Limited edition Php100 UP Centennial bills that they are selling their bills (at a premium, that is).
Last month, I dined at Jollibee Philcoa and the change I got consisted of one UP Centennial P100 bill. A week later, I got another UP Centennial bill as change from Greenwich Philcoa.
Then last Saturday, I withdrew cash from a UnionBank ATM in Ortigas and, to my surprise, the ATM churned out five crisp, brand-new bills (see photo below).
The bills were printed by the Philippine Central Bank as part of the celebration of the 100th year of UP. I bought a package of four uncut bills back in June for P1,000. I heard that they now cost P1,500 per set.
The bills are definitely being sold at a premium and that explains why a lot of holders of the bills are selling their piece at P300 or even P500 each.
As for mine, I’m holding on to it until perhaps the 150th or 200th year anniversary of UP. I’m sure that the value of my bills would increase by that time. That assumes, of course, that I live long enough to see that moment.
See also: Limited edition Php100 UP Centennial bills
