1907-S Philippines One Pesos, American Colonial Period. Silver. XF/Scarce Rare!
We have on offer here, a 1907-S Philippines One Pesos, Silver. XF/Scarce Rare
"After the United States took control of the Philippines, the United States Congress passed the Philippine Coinage Act of 1903, established the unit of currency to be a theoretical gold peso (not coined) consisting of 12.9 grains of gold 0.900 fine (0.026875 XAU), equivalent to exactly half the value of a U.S. dollar and maintained its purchasing power until the opening day of the Central Bank of the Philippines in 1949.
During the war in the Far East, the occupiers of the Filipinas confiscated, secured & Melted large quantities of these silver pesos to be use for its bullion for War effort uses, limiting is official reported mintages to much lower quantities..."
Obverse: Female standing beside hammer and anvil
Reverse: Eagle above stars and striped shield
Feels & looks better in your hand! This unique piece can be yours today!
Authenticity guaranteed for life! Fairly priced!
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