Owner Comments:
Lyman Allen #10.02 (KM #166) – Mintage: 150,080
Total Mintage: ............................... 150,080
Reserved for Assay: .............................. 76
Estimated Recoined: .................. 126,580
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Maximum possible surviving ....... 23,424 (15.6% of total minted)
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 quantity of 20 centavos being significantly lower than for the 10 centavos which indicates that they were most likely struck in the last few days of 1903.
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. Consequently, high grade examples of this issue are quite rare.
This coin is a nice lightly circulated specimen.
Varieties
None cataloged for this year.
Date acquired: 2/15/2014 (already graded by PCGS)
References
- Shafer, N. "United States Territorial Coinage for the Philippine Islands." Racine, Wisconsin: Whitman Publishing Company, 1961.
Rev. 11/2/2019