Owner Comments:
Lyman Allen #7.02 (KM #165) - Mintage: 1,200,000 (maximum surviving 247,238)
Total Mintage: ............................ 1,200,000
Reserved for Assay: ............................ 601
Estimated Recoined: .................. 952,161
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Maximum possible surviving ..... 247,238 (20.6% of total minted)
General
The striking of all U.S. Philippine coins began in March of 1903 in Philadelphia, but the San Francisco mint struck only Pesos until well into the year. Consequently, the striking of subsidiary silver coinage (10 and 20 Centavos) was so delayed that relatively few of each were struck.
The ten and twenty centavo coins were also very popular with the Filipino people primarily because these denominations were very familiar. Their size and value were very similar to their Spanish predecessors and circulated well. Because of that, uncirculated examples are very difficult to obtain.
This Coin
This coin is a nice lightly circulated specimen.
Varieties
None cataloged for this year.
Date acquired: 6/2/2015 (already graded by PCGS)
References
- Shafer, N. "United States Territorial Coinage for the Philippine Islands." Racine, Wisconsin: Whitman Publishing Company, 1961.
Rev. 11/20/2021