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JAA USA/Philippines Proof Collection
1/2C 1903

Next: 1/2C 1904

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Obverse

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Reverse

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Coin Details

Set Details

Origin/Country:	United States
Design Description:	PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description:	BRONZE 1/2C 1903 USA-PHIL EX. DR. GREG PINEDA KM-162
Grade:	PCGS PF 67 RD
Owner:	JAA

Winning Set:	JAA USA/Philippines Proof Collection
Date Added:	8/21/2013
Research:	See NGC's Census Report for this Coin

Owner's Description

Specifications: Bronze, 40 Grains (95% copper, 5% zinc and tin), 17.5 mm.

The Half Centavo was designed by Melicio Figueroa. The obverse design shows a young Filipino male seated next to an anvil holding a hammer in his right hand, his left arm raised, and in the background to his left is a billowing volcano. The reverse design depicts an eagle with spread wings perched atop an American shield.

Business strikes of the Half Centavo coin were struck at the Philadelphia Mint in 1903 (12,084,000) and 1904 (5,654,000). The Half Centavo coin was poorly accepted by the public and no further business strikes of this denomination were made after 1904. For lack of use over 7,500,000 Half Centavos were withdrawn from circulation. Most of these were sent back to the United States where they were melted and then re-coined into One Centavo pieces in 1908. That leaves a little less than 60% of the origional total mintage still available to collectors today.

A limited number of Proof Half Centavos were produced at the Philadelphia mint from 1903 through 1906 and again in 1908. The mintage figures for proof Half Centavos is as follows:1903 (2,558), 1904 (1,355), 1905 (471), 1906 (500), and 1908 (500). The 1905, 1906, and 1908 Half Centavos were PROOF ONLY ISSUES.

This lovely full red SUPERB GEM is pedigreed from the Dr. Greg Pineda Philippine Collection. Although the 1903 Proof Half Centavo had a mintage of 2,558 coins full red GEMs are EXTREMELY RARE. The combined PCGS/NGC population of 1903 Proof Half Centavos in PF67 RD is only 7 specimens with none graded higher.