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JAA USA/Philippines Type Set Collection
Centavo 1937-44

Previous: Centavo 1903-36 | Next: Five Centavos 1903-28

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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 COMMONWEALTH REVERSE
Item Description:	BRONZE 1C 1937 M USA-PHIL KM-179
Grade:	NGC MS 65 RD
Owner:	JAA

Winning Set:	JAA USA/Philippines Type Set Collection
Date Added:	2/4/2011
Research:	See NGC's Census Report for this Coin

Owner's Description

Bronze, 80 Grains, 24 mm. The One Centavos of 1937 through 1944 continue the same obverse design common to all Phillipine base medal coins from 1903 through 1936. In 1937 the reverse design of all US/Philippine coins were changed to reflect the new status for the Philippines as a Commonwealth of the United States. A smaller eagle was used, now perched atop a smaller shield with a banner below it inscribed "Commonwealth of the Philippines." The shield used was an adaptation of a design used for the official seal of "The Government of the Philippine Islands" which appeared on Philippine paper money starting in 1905. The One Centavos of 1937 through 1941 were minted at the Manila Mint. During the 1942 through 1944 Japanese occupation of the Philippines nearly all coins disappeared from circulation and most daily commerce was conducted with low denomination paper currency printed by Guerrilla military units or local officials loyal to the Commonwealth and the United States, and Military or Civilian Currency Boards authorized by General MacArthur or the Commonwealth government-in-exile under President Quezon. When American forces liberated the Philippines in 1944 - 1945 they brought with them Fifty Eight Million 1944 One Centavo coins minted at the San Francisco Mint. The NGC population of the 1937 M One Centavo in MS65 Red is 8 coins with only 3 specimens graded higher. The combined (NGC, PCGS and ANACS) certified population of the 1937 M One Centavo in MS65 Red is 14 coins with 10 specimens graded higher. This specimen is a brilliant, well struck GEM.