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USA/Commonwealth of the Philippines Variety Set

Category:  Varieties
Owner:  JAA
Last Modified:  6/11/2017
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Slot:
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: COPPER-NICKEL 5C 1934 1/1 M USA-PHIL DDR ALLEN-5.04aa KM-175
Grade: NGC MS 62
Research: View Coin
Owner Comments
Mint: Manila
Mintage: 2,154,000 (all die varieties)
Designer: Melicio Figueroa
Composition: Copper-Nickel
Weight: 4.7500g
Diameter: 19mm
Edge: Plain

U.S. Philippines 1934M 5 Centavos "Doubled Die Reverse" and "Repunched 1" Allen-5.04aa.

A very scarce Mint State example of the variety, with moderate doubling on AMERICA as well as a noticeable southward repunching of the "1" in the date. A rare variety with Allen pricing an MS60 at $1,000 and a MS63 at $2,250.

Only three (3) examples of this rare die variety have been certified in any grade. This specimen is the second finest certified by NGC.

NGC Population: 1/1

Auction History: Heritage Signature Auction #3053, New York International Numismatic Convention, World & Ancient Coins, January 17-18, 2017, Dallas, Signature Internet Session 2, Lot #37939. Sold for $1410.00
Slot: 1944-S One Centavo Double Die Obverse
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: BRASS (COPPER-ZINC) 1C 1944 S DDR USA-PHIL ALLEN-3.06a Allen 3.06a
Grade: PCGS MS 64 RD
Research: View Coin
Owner Comments
SPECIFICATIONS
Mint: San Francisco
Mint Mark: S
Mintage: 58,000,000 (All varieties)
Obverse Designer: Melicio Figueroa
Reverse Designer: Ambrosio Morales
Composition: Brass (Copper - Zinc)
Weight: 5.3000g
Diameter: 24mm
Edge: Plain

1944-S One Centavo DDO V2 (Allen 3.06a)

The Allen catalog of U.S. Philippine Coins recognizes four Die Varieties for this date:
1) 1944-S (Allen 3.06) The normal coin for this date.
2)1944-S Double Die Obverse (Allen 3.06a). This Double Die Variety shows doubling at "STATES OF".
3) 1944-S Double Die Obverse Variety #2 (Allen 3.06aa). This Double Die Variety "shows doubling of the letters IPPINES on the scroll and the scroll itself as well as the letters of AMERICA most noticeable at the M and C".
4) 1944-S Incomplete 4 (Allen 3.06b). This fairly common variety has the "base of the last 4 missing at the left side".

The Double Die variety (Allen 3.06a) "shows doubling at STATES OF. Some experts think this variety could be a case of strike doubling, others disagree and believe up to four dies were used to produce this type. One variety shows a die crack through the T of STATES and is valued at about 50% higher." (Allen 2007).

On this specimen the doubling is most prominent on the letters S, T, and E in STATES. Also note the die crack through the second T in STATES.

I purchased this coin from Cookie Jar Collectibles in October 2008 as an ANACS certified MS65 Red. Although I would have preferred to cross this coin over to either NGC or PCGS years ago neither NGC or PCGS were recognizing Allen Die Varieties for the 1944-S One Centavo in 2008 and NGC has done so only recently. I submitted this specimen to PCGS for crossover and Variety Attribution at the August 2014 ANA World's Fair of Money. PCGS certified the Allen 3.06a variety attribution by reduced the numerical grade to MS64 Red.
Slot: 1944-S One Centavo Double Die Obverse Variety #2
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: BRASS (COPPER-ZINC) 1C 1944 S DDR USA-PHIL ALLEN-3.06aa Allen 3.06aa
Grade: PCGS MS 64 RD
Research: View Coin
Owner Comments
1944-S One Centavo DDO V2 (Allen 3.06aa)

The Allen catalog of U.S. Philippine Coins recognizes four Die Varieties for this date:
1) 1944-S (Allen 3.06) The normal coin for this date.
2)1944-S Double Die Obverse (Allen 3.06a). This Double Die Variety shows doubling at "STATES OF".
3) 1944-S Double Die Obverse Variety #2 (Allen 3.06aa). This Double Die Variety "shows doubling of the letters IPPINES on the scroll and the scroll itself as well as the letters of AMERICA most noticeable at the M and C".
4) 1944-S Incomplete 4 (Allen 3.06b). This fairly common variety has the "base of the last 4 missing at the left side".

Of the three die varieties the Double Die Variety #2 (Allen 3.06aa) is by far the scarcest and most difficult to find. This specimen is particularly interesting as in addition to doubling of the letters in STATES and AMERICA thr second 4 in the date appears to be triple punched.

I purchased this coin raw from "The Coin Den" in May 2008. Although I would have preferred to certify this coin years ago neither NGC or PCGS were recognizing Allen Die Varieties in 2008 and NGC only recently recognized Allen Die Varieties for the 1944-S One Centavo. I submitted this specimen to PCGS at the August 2014 ANA World's Fair of Money. Graded PCGS MS64nRed this specimen is the only PCGS certified example of this scarce die variety.

PCGS Population: 1/0
Slot: 1944-S One Centavo - Base of Last 4 Missing At Left Side (ALLEN-3.06b)
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: BRASS (COPPER-ZINC) 1C 1944 S USA-PHIL Allen 3.06b KM-179
Grade: PCGS MS 67 RD
Research: View Coin
Owner Comments
The 1944 One Centavo uses the same obverse and reverse designs as the pre-war One Centavo but has a different wartime composition.

The pre-war One Centavo was a bronze alloy of 95% copper, and 5% zinc and tin. Both copper and tin are important strategic materials during wartime. In order to conserve tin the wartime composition of the One Centavo was changed to a brass alloy of 95% copper and 5% zinc. This is the same alloy the mint used for the production of U.S. wartime pennies dated 1944-1946. The mint produced this alloy by combining ingots of pure copper with salvaged 70% copper shell casings.

During the 1942 through 1944 Japanese occupation of the Philippines, nearly all coins disappeared from circulation. In the occupied areas the Japanese collected all of the coins, melted them down and shipped them back to Japan. The few pre-war coins that escaped the melting pots were hoarded and hid away until after the war. Most daily commerce was conducted with low denomination paper currency (Emergency or Guerilla Currency) printed by Guerrilla military units, local municipalities, or Military and Civilian Currency Boards authorized by General MacArthur or the Commonwealth government-in-exile under President Quezon.

During the Japanese occupation there was a very active resistance movement in the Philippines, and allied inteligence was very much aware, of the economic situation in the islands, and the need to bring new coins and currency with them when they liberated the Philippines.

In preparation for General MacArthurs return to the Philippines, the Treasury Department ordered the San Francisco Mints to strike millions of One Centavo coins. When American forces liberated the Philippines in 1944 - 1945 they brought with them Fifty Eight Million 1944-S One Centavo coins.

The PCGS population for the 1944-S One Centavo in MS67 Red is six coins with none graded higher. The combined PCGS/NGC certified population for this coin in MS67 Red is only 12 coins with none graded higher.

This FULL RED SUPERB GEM is a die variety with the base of the last 4 missing at the left side (Allen number 3.06b). The 2012 edition of the Allen guide book lists the highest certified grade for this die variety at MS66 making this coin unique in MS67 RED.
Slot: 1945/5-S Five Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY COMMONWEALTH REVERSE
Item Description: COPPER-ZINC-NICKEL 5C 1945/5 S USA-PHIL ALLEN-6.06a KM-180a
Grade: NGC MS 64
Research: View Coin
Owner Comments
Allen Catalog Number 6.06a1945/5-S Five Centavos Re-punched 5. The 6th Edition of the Allen Catalog lists a combined (NGC, PCGS, ANACS) certified population for this die variety as three coins. This is the only NGC certified example of this die variety.
Slot: 1944-D/D Ten Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY COMMONWEALTH REVERSE
Item Description: SILVER 10C 1944 D/D USA-PHIL ALLEN-9.04a KM-181
Grade: NGC AU 58
Research: View Coin
Owner Comments
Allen Catelog Number: 9.04a
Slot: 1945-D/D Ten Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: SILVER 10C 1945 D/D USA-PHIL ALLEN-9.05a KM-181
Grade: NGC MS 66
Research: View Coin
Owner Comments
Allen Catalog Number 9.05a
1945 D/D Ten Centavos
D over D Mint Mark

Composition: Silver
Fineness: 0.7500
Weight: 2.0000g
ASW: 0.0482oz
Diameter: 16.7mm
Edge: Reeded

The Ten Centavos of 1937 through 1945 continued the same obverse design used on the 1903 through 1935 Ten Centavos. The reverse used the Commonwealth Arms design which was common to to the 1936 commemoratives and all Philippine coins from 1937 through 1945. Ten Centavos were made at the Manila Mint from 1937 through 1941, and at the Denver Mint in 1944 and 1945.

This Superb Gem is a NGC Top Pop coin with a population of only five specimens in this grade. The combined NGC/PCGS population for this die variety in MS66 is only six specimens with none graded higher.
Slot: 1945-D Ten Centavos DDR
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: SILVER 10C 1945 D DDR USA-PHIL ALLEN-9.05b KM-181
Grade: NGC AU 55
Research: View Coin
Owner Comments
Mintage: 137,208,000 (All Varieties)
Composition: Silver
Fineness: 0.7500
Weight: 2.0000g
ASW: 0.0482oz
Melt Value: $0.76 (3/16/2015)
Diameter: 16.7mm
Edge: Reeded

Allen Number 9.05b
Doubled Die Reverse Variety #1
NGC Population: 2/7

Bodly doubled UNITED, AMERICA, DATE and bottom tip of shield on the reverse (USA side). This coin is comperable to the U.S. doubled die 1955 Cent of which thousands are known to exist. This coin is much rarer with only 11 known pieces. The combined certified ANACS, PCGS, NGC population for this coin in all grades is only 9 coins. Allen estimates that no more than 35 or so examples could exist in any grade today.
Slot: 1944-D/S Twenty Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY COMMONWEALTH REVERSE
Item Description: SILVER 20C 1944 D/S USA-PHIL ALLEN-12.04a KM-182
Grade: NGC MS 66
Research: View Coin
Owner Comments
Mintage (all die varieties): 28,596,000
Composition: Silver
Fineness: 0.7500
Weight: 4.0000g
ASW: 0.0964oz
Diameter: 20 mm
Edge: Reeded

The Twenty Centavos of 1937 through 1945 was struck in the same size, weight, and silver fineness as the reduced size & weight Twenty Centavos of 1907 - 1929. The obverse used the same Melico Figueroa design that was used on the 1903 through 1929 Twenty Centavos. The reverse used the Commonwealth Arms design which was common to the 1936 commemoratives and all Philippine coins from 1937 through 1945. Twenty Centavos were produced at the Manila Mint from 1937 through 1941, and at the Denver Mint in 1944 and 1945.

This specimen is a 1944 D/S (D over S Mint Mark) Allen Catalog Number 12.04a. The 1944 D over S Twenty Centavos is unique among USA/Philippine Die Varities in that it is the only time during the 43 year history of U.S./Philippine coinage that a mint mark was ever over-punched with the mint mark from a different mint. The combined NGC/PCGS certified population for this important die variety in MS66 as 11 coins with only 4 specimens graded higher. The NGC population for this coin in MS66 is 6 coins with only 4 specimens graded higher. This specimen is a fully struck, untoned SUPERB GEM.
Slot: 1944-D/D Twenty Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: SILVER 20C 1944 D/D USA-PHIL ALLEN-12.04b
Grade: NGC MS 64
Research: View Coin
Owner Comments
1944 D/D Allen #12.04b, Combined NGC/PCGS Pop 2/1 (NGC Pop 2/1, PCGS Pop 1/0)

Mintage: 28,596,000
Catalog: KM-182
Composition: Silver
Fineness: 0.7500
Weight: 4.0000g
ASW: 0.0964oz
Melt Value: $2.80 (3/10/2013)
Diameter: 21mm
Edge: Reeded
Slot: 1945-S/S Fifty Centavos
Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: SILVER 50C 1945 S/S USA-PHIL ALLEN-15.02a
Grade: PCGS MS 63
Research: View Coin
Owner Comments
Mintage: 18,120,000 (All Varieties)
Obverse Designer: Melicio Figueroa
Composition: Silver
Fineness: 0.7500
Weight: 10.0000g
ASW: 0.2411oz
Diameter: 27mm
Edge: Reeded

PCGS Population: 1/7 (6/10/2017)
NGC Population: 2/4 (6/10/2017)
Combined NGC/PCGS Population: 3/11 (6/10/2017)

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