Owner Comments:
This is the final proof Peso coin in the series and the only reduced-sized Peso proof coin (not counting the ultra-rare 1907 proof Peso coin). Like in 1906, 500 of these coins “were also made on a stand-by basis to meet whatever orders numismatists might place for them,” and similar the 1906 proofs, these were also in stock well into the 1930's (Shafer, 1961, p. 33). Proof sets were not made in 1907 because “it was felt more convenient to strike the sets the next year as demand for circulating coins was heavy in 1907” (Shafer, p. 33).
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Nice and sharply struck, this coin is bright and mostly white, with a hint of watery toning on each side. Fields are reflective and devices are fully detailed. It has the usual cobwebby hairlines and surface contacts that you would find in a coin of this grade, plus a couple of minuscule spots that have little impact on its eye appeal and overall attractiveness.
⚙️ Coin Specifications and Information
Composition: Silver
Fineness: 0.8000
Weight: 20.0000g
ASW: 0.5144oz
Diameter: 35mm
Edge: Reeded
Alignment: ⬆️ ⬇️
Mintage: 500
KM# 172
📆 This Year in Philippine History
In 1908, the Philippines Free Press was founded. It is a weekly English language news magazine, and is the Philippines' oldest weekly English language periodical currently still in print. The Philippines Free Press is known for being one of the few publications that dared to criticize the administration of Ferdinand Marcos in the years before the declaration of Martial Law, and for being one of the first publications shuttered once Martial Law was put into effect.
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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-172-1907-1912-cuid-1112357-duid-1518523
Numista Coin Catalog. Coins from Philippines. Retrieved 21:24, September 5, 2021, from https://en.numista.com/catalogue/pieces4349.html
Wikipedia contributors. (2021, August 5). Philippines Free Press. In Wikipedia, The Free Encyclopedia. Retrieved 11:11, September 24, 2021, from https://en.wikipedia.org/w/index.php?title=Philippines_Free_Press&oldid=1037236559