Despite a mintage of only 10,000 and the fact that many were dumped into Manila Bay during WWII, these can still be readily found in sharply-struck, lustrous high grades for around $500, which I find amazing. An important commemorative for collectors of both U.S. and Philippines coins.
I suspect there is some research somewhere undertaken by someone that estimated the number of coins from this three coin set that were recovered as sea salvage. Also take a look at the PCGS pop report and look at the surviving population starting at MS65 and higher. Then compare that to other commems of the day. I think that speaks volumes as to condition rarity.
Experience the World through Numismatics...it's more than you can imagine.
Comments
Lotsa luster
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Despite a mintage of only 10,000 and the fact that many were dumped into Manila Bay during WWII, these can still be readily found in sharply-struck, lustrous high grades for around $500, which I find amazing. An important commemorative for collectors of both U.S. and Philippines coins.
I generally agree that GEMS are inexpensive considering the surviving population and condition rarity factors.
Experience the World through Numismatics...it's more than you can imagine.
Lot of sea-salvaged 1936 commemorative 50 centavos
I suspect there is some research somewhere undertaken by someone that estimated the number of coins from this three coin set that were recovered as sea salvage. Also take a look at the PCGS pop report and look at the surviving population starting at MS65 and higher. Then compare that to other commems of the day. I think that speaks volumes as to condition rarity.
Experience the World through Numismatics...it's more than you can imagine.
These were also dumped in the bay. What a shame! Mintage 2,200.