Spanish Philippines, El Banco Espanol Filipino de Isabel, 10 pesos, Manila, 1 January 1865, serial number 019959, black text on cream watermarked paper, crowned portrait of Queen Isabel II in circular frame at top centre flanked by values in ornate guilloche patterns, ornate calligraphy along left margin, three manuscript signatures; Royal Commission, Director and Cashier, embossed seal at left(Pick A1), black PLATA bank handstamp and ink annotation on reverse, few small foxing spots, no pinholes, original paper still retaining some body, fine. An exceptionally rare note in fantastic condition for an early large format note. An utterly remarkable note.