TITLE: Super Fun USPI Find
From the new PCGS Magazinehttps://issuu.com/pcgs/docs/2023-01-02-pcgsmr/s/17783126
PCGS SET REGISTRY
The Maharlika Collection - U.S. Philippines
By Sanjay C. Gandhi
PCGS PR67+ 1904 Philippines Peso. Courtesy of PCGS TrueView.
In the 1990 song “Vogue,” Madonna sings, “Grace Kelly, Harlow Jean, picture of a beauty queen, Gene Kelly, Fred Astaire, Ginger Rogers, dance on air, they had style they had grace…”
The Maharlika Collection we are featuring will never make it to GQ or Cosmopolitan magazines for its style. However, it displays a few coins that “strike a pose” in our magazine. Currently, this member is participating in 53 sets we offer to build and takes the pole position (number 1) in 44 sets! Numerous examples display grace, many are fully struck up and toned to visual perfection as the coin pictured above. The PCGS Set Registry team is delighted to feature this member's sets and some of their eye-appealing marvels.
The Spanish-American War began on April 21, 1898, and ended on August 13, 1898. It was one of the shortest conflicts in U.S. history, and Spain lost that war. As a result, Spain had to relinquish control of Cuba, Guam, and Puerto Rico. In addition, the United States purchased the Philippines islands from Spain for $20 million when a peace treaty was signed in Paris, France, on December 12, 1898.
Coinage for the Philippines was first struck in the United States in 1903 at both the Philadelphia and San Francisco Mints, respectively. U.S. Philippines mint sets spanning from 1903 through 1912 under the category Territorial & Private Issues have become a favorite among our members. The PCGS Set Registry offers the largest collection of U.S. Philippines mint sets, variety sets, and proof sets for collectors to build.
PCGS PR68 1906 Philippines 50 Centavos. Courtesy of PCGS TrueView.
PCGS MS68 1904 Philippines 50 Centavos. Courtesy of PCGS TrueView.
One set within this collection that we wanted to denote is the Philippines Complete Proof Set (1903-1908). The lowest grade assigned to any coin within this set is PR66 and the highest is PR68+. Complete Philippines sets have been marketed to coin collectors for many years in the hobby. If one were to look for a complete set nowadays that is graded at the PCGS PR65 level or higher, that search may continue for a while or one will have to pay a hefty premium for Gem proof coins. They are simply not readily available. I recall searching for ungraded sets several years ago, and I would be lucky to find a set that graded between PR63 and PR64. Four out of the five dates in this set display unique and remarkable tones of Carolina blue, sunset orange, sun yellow, and many others colors to admire. All five of the peso denominations grade a minimum of PR68, which is an unbelievable numismatic feat itself; two of the pesos grade an astonishing PR68+. heavyweight Philippines coin champion of the world as the finest example known. This coin is included in the Philippines Complete Set, Proof (1903-1908) set and The Maharalika Collection has had the top spot for the last two years. The most recent record of a PCGS PR68 Peso was Lot 5308 at Heritage Auctions that sold for $20,400 on August 24, 2022. Another coin that stuns the imagination is the 1904 50 Centavos, PCGS MS68, which appears to have snagged virtually every color of the rainbow to show off its eye appeal in pastel extravagance. This masterpiece of toning is another example that has no competitors to challenge its supreme reign at the top and can be found in the set titled The Maharlika Collection Complete Type Set with Mules, Circulation Strikes (1903-1945).
The Maharlika Collection has been participating in the PCGS Set Registry for a number of years now. We can only use our imaginations to wonder how many years in the making this current assemblage of coinage took this member to build. Collectors may be thinking of Madonna’s “Crazy for You” after seeing some of the coins from this member's collection. To view additional selections by this member, please view the set titled The Maharlika Collection United States Philippines, which showcases 30+ showstoppers. A Philippines collection of this caliber may never be assembled again. Then again, anything is possible with time.
PCGS PR68+ 1906 Philippines One Peso. Courtesy of PCGS TrueView.
One of many gorgeous coins that exists within this collection is the one-and-only 1906 Proof Peso weighing in at 26.95 grams, with no contenders, this “Thrilla Struck for Manila” is graded PCGS PR68+ and ranks as the undisputed
Sanjay Gandhi is a senior content manager at PCGS. His knowledge base consists of a wide variety of world coinage, and he has a great appreciation for toned coins that display vibrant colors. In addition to contributing content to PCGS Market Report, he also assists collectors with the PCGS Set Registry.
1903 INDIAN HEAD CENT
STRUCK ON PHILIPPINES
1/2 CENTAVO PLANCHET
ANACS EF 45, WT 2.61 GMS.