Owner Comments:
Lyman Allen #8.07 (KM #169) - Mintage: 1,000,505 (including coins reserved for assay)
General
By 1911, the number of original silver coins being reclaimed by the Philippine government and sent to the San Francisco mint for recoinage was beginning to decline. The quantity that had been struck from 1907 through 1909 was also sufficient to meet public demand for ten centavo coins, so no ten centavos coins were ordered or struck in 1910, and the order for 1911 dated ten centavo coins didn't come until late in the year. Based on U.S. mint records, Philippine Treasury records, and monthly mintage reports posted in The Numismatist magazine, it is very safe to assume that all of the 1911S ten centavos were struck during the months of October and November 1911.
Public demand for ten centavo coins was relatively high in late 1911 and through 1912, so these coins were most likely put in circulation as soon as they arrived in Manila. Very few remained in treasury vaults and most were well circulated. Consequently, high grade mint state specimens are relatively rare and fairly pricey when they can be found..
This Coin
This lightly circulated coin was purchased raw in 2007. It was well struck and has a pleasing patina. I finally decided to have it graded 6 years later when nothing better seemed to be available. As of this revision, NGC has certified 12 1911S ten centavos as MS61 or higher, so an upgrade for this slot is still possible. I will keep looking.
Varieties
None identified for this date
Date acquired: 1/27/2007 (raw coin)
Date graded: 8/7/2013 (self submitted to NGC)
References
- Shafer, N. "United States Territorial Coinage for the Philippine Islands." Racine, Wisconsin: Whitman Publishing Company, 1961.
Rev. 11/2/2019