April 26, 2024
PHILIPPINES 1903 ONE PESO SILVER COIN
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1903 Silver Phillipines peso. These coins were struck on Morgan dollar planchets.Thanks for looking."Without a doubt the Large Peso is the "King" of the USA/Philippines Type Set. The large 38 mm size of this coin showcases the beautiful obverse design of Melicio Figueroa which features a young Filipino woman standing to the right in a flowing dress while striking an anvil with a hammer held in her right hand, the left hand is raised and holding an olive branch. In the background is a billowing volcano. The reverse design depicts an eagle with spread wings perched atop an American shield. At a weight of 26.9568 Grams of .900 Silver (ASW .78000 oz) the Large Peso, minted from 1903 through 1906 had a silver content equal to the U.S. Morgan Dollar".After the American conquest of the Philippines in 1898, the currency was reorganized and a new peso was issued 1903-06. This coin was reduced from 26.95 grams to 20 grams in 1907 and issued in that form until 1912. Many dates are very common but the 1911-S and 1912-S are scarce. Proofs exist for 1907 and 1908 but are rare. No additional pesos were issued until the commemorative issues of 1936 celebrating the new commonwealth.
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