1 Peso Coins of The Philippines (1897-1977)
American Territory

Obverse:

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Reverse:

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Coin Details

Origin/Country: United States
Design Description: PHILIPPINES UNDER U.S. SOVEREIGNTY
Item Description: PESO 1906 USA-PHIL
Full Grade: NGC PF 64
Owner: The 12th Denticle

Owner Comments:

It seems clear from the previous year’s sales that interest in Philippine proof coins had tapered off. Consequently, only 500 were authorized to be minted by Philippine Governor-General Henry Ide. The reason was because Ide "felt that a small demand would be made by collectors for these coins and believed that 500 sets would satisfy this demand." writes Neil Shafer in his book, "United States Territorial Coinage for the Philippine Islands." Ide’s estimate was correct because coins were still available for sale way into the early 1930's (Shafer, 1961).

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As one of my favorites in the set, I thoroughly enjoy looking at this coin’s sharply detailed design elements and its reflective fields underneath. Mottled shades of brown and lime-green toning accent the surfaces of this attractive near-Gem proof specimen. Needless to say, this coin has attractive overall quality with very pleasing eye appeal.

⚙️ Coin Specifications and Information

Composition: Silver
Fineness: 0.9000
Weight: 26.9500g
ASW: 0.7800oz
Diameter: 38mm
Edge: Reeded
Alignment: ⬆️ ⬇️
Mintage: 500
KM#168

📆 This Year in Philippine History

On January 1, 1906, by virtue of Philippine Commission Act No. 1123 of April 1904, the official language of the Philippines became English. It was used in court proceedings and no person was eligible for government service who did not know the language.

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📖 Information sources:

Shafer, N. (1961). United States Territorial Coinage for the Philippine Islands. ‎Whitman Publishing Company.

Wikipedia contributors. (2020, June 2). Sheldon coin grading scale. In Wikipedia, The Free Encyclopedia. Retrieved 21:30, September 5, 2021, from https://en.wikipedia.org/w/index.php?title=Sheldon_coin_grading_scale&oldid=960391269

NGC, World Coin Price Guide, Philippines Coin Price Guide (Powered by NumisMaster), Retrieved 21:27, September 5, 2021, from https://www.ngccoin.com/price-guide/world/philippines-peso-km-168-1903-1906-cuid-1085604-duid-1519450

Numista Coin Catalog. Coins from Philippines. Retrieved 21:24, September 5, 2021, from https://en.numista.com/catalogue/pieces4349.html

Today in Philippine History, January 1, 1906, English became official language of the Philippines. Retrieved 14:58, September 10, 2021, from https://kahimyang.com/kauswagan/articles/1411/today-in-philippine-history-january-1-1906-english-became-official-language-of-the-philippines

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