P100 UP Centennial bills now being circulated

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

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15 thoughts on “P100 UP Centennial bills now being circulated”

  1. At first I thought the 10 million pieces the BSP printed is enough for the whole year until I saw most 2008 issues WITHOUT the overprint. Better hold on to some of those!

  2. Hi Rex, so BSP printed 10 million pieces of the UP Centennial bills? That’s a lot. Apparently, that’s why the bills are now widely circulated. I’m collecting all UP Centennial bills that I get. Then probably a few years later, I’ll sell some at five or even ten times its original value hehe.

  3. Maybe it’s a good time for us to sell now before everybody realizes that they’re not exactly that rare as there are about 10million of them out there, though perhaps a vast fraction is being hoarded by speculators like you (and me). 🙂
    honestly if people are buying at 300 to 500% of the face value, i think we should sell… 😉
    I’m a bit surprised by what the oblation stamp can do to the 100 peso bill. 🙂

  4. @sherwin, I think the P100 UP Centennial bills are of particular interest to those who graduated from UP. It’s some sort of a once-in-a-lifetime souvenir from their university. Honestly, I think if you sell the bills to UP grads who have been out of the country for some time now, they might be willing to pay hundreds of dollars for it hehe…

  5. I had one bundle of these banknotes and I did get to sell a few at a premium (dorm fundraising) but only for P110 each!
    Compared to regular banknote issues, I think 10 million isn’t much. This is more expecially so if everybody hoards their overprinted bills. On the other hand, even at P1500, the uncut bills are much, much better souvenirs and will cost so much more in the future.

  6. hi any1 interested sa 100peso bill with UP centennial seal,still in good condition, unused and fresh from the bank. 😀 pls. email me,vanish0816@yahoo.com

  7. hi.. i have 50+ pieces of the 100 peso bill with UP logo.. just leave a comment on my multiply account if you’re interested, 03chukie03
    look at the photos of it for you to know that i’m not a liar ^_^v
    Photo URL:
    Photo URL:
    sorry but that’s only 46 pieces, i didn’t include some of it because it won’t fit anymore.. 😛
    just visit my site okay??or text me.. here is my number, 09152947740
    tnx.. ^_^
    t.c. and God bless ya’ll..

  8. jeffrey yung tig iisang daan mo na 100 peso bill with UP logo hindi malutong huwag kang umaasa na maibebenta mo ng higit sa dalawang daan yan face valua lang yan walang tubo dyan kung hindi malutong yung perang papel sinusunog lang namin yan

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