Philippine 47S Peso & 50 Centavo

21Walker

This is the Mcarther set I mentioned in another post. The pics don't look as good as the coins in hand. Both coins have nice golden toning all around the circumference to the bottom of the letters on both obverses and almost to the top of the letters on the reverses....

lordmarcovan

21Walker

Thanks again lordm....I practiced on the test page to no avail......Rick

Clankeye

A fine looking set. Great luster with a touch of gold. I'm there.

The 1947 50C was the first darkside coin I purchased.


Clankeye

21Walker

Hi clankeye, I saw these on ebay a week or two ago and they looked real fine in the holder.....so I pulled the trigger.............Rick

FilamCoins

Rick, a very nice pair. These were the first coins struck for the Phils after WWII. They were minted in SF, I believe. I've always liked the simple design, and Gen Mac is of course one cool dude! Although they were intended for circulation, many were saved. Thus, a whole lot are found in UNC, but because of the soft strike and open fields, not many true gems are around. Yours look pretty darn good! Any idea when the U.S. Phils coinage was demonetized?? The next date after the Gen Mac coins are 1958, I believe. I'll have to look it up

21Walker

Hi Tim, This should answer you question on demonetization......Rick









By 1964, the bullion value of the old silver pesos was worth almost twelve times their face value and were being hoarded by Filipinos rather than being surrendered to the government at face value. In desperation, then-President Diosdado Macapagal demonitised the old silver coins and floated the currency. The peso has been a floating currency ever since, which means that the currency is a physical representation of the domestic debt and whose value directly tied to people's perception of the stability of the current regime and its ability to repay the debt.Linky poo to complete article

oldshep

Walker - I have those two as a set and like them very much - If you noticed the mintage figures for them - one (I think the 50c) had 100,000 and the other only 50,000.
Nice catch
Shep

21Walker

Hi oldshep, In Aldo Basso's book (coins, medals & tokens of the Philippines), he lists the peso at 100,000 and the 50c. at 200,000 and minted in San Fran. Still nice mintages........Rick

Spinynorman

The US Mint report booklet has the same numbers. Very nice pieces.

Here's a peso that I picked up this summer.

21Walker

Here's a peso that I picked up this summer.

Nice colors.....Rick

FilamCoins

Wow Spiny! That's a super coin Very clean and a much better strike than normally seen. Will that grade as high as 66/67? If so, you've got a very special coin there (special anyway, whatever the grade)

Spinynorman

Thanks 21W and Filam! I'm not sure if it would get a bump for eye appeal or not, but I wouldn't guess more than a 65 because of the die burn along the jaw line. It's still a special coin, though, since I snagged it from one of JamminJ's regular stops.