Philippines, Accumulation/Stock, 1899-1980, mint and used on stock pages in two binders, features U.S. Administration including Scott #224, $2 Madison with red overprint, used, signed and various other 50 cent values, then a general run of issues through back of book with Revenues, also Spanish Administration, Guam and other unusual material, duplication throughout, condition varies, still worth inspection. Estimate  $300 - 400. $0