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Rainbow PCGS-66 Philippines MacArthur ;1 Peso added

I won this piece on Teletrade and although it is incredibly toned -it was over 400$ !

Do I have a screw loose ? Can this very common coin be found with superb toning in hi grade with a little searching ?

..... or did I snag a masterpiece where cost is of no concern because of the " look " ??


Whats up with this particular Type ; I means , can anyone give me the history of it and the bigger Peso ........

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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
    I was watching that coin as well. I like it. I have found often times while TeleTrade's photo's are accurate that the coins don't show as dramatic toning in-hand as in the photo. I believe this coin was in at least (2) previous auctions and didn't sell to not meeting the reserve.

    Let us know how it looks in-hand. I am very curious.image

    GrandAm image
    GrandAm :)
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    bidaskbidask Posts: 14,057 ✭✭✭✭✭
    Looks like a winner....a gem peso in that condition could be around 4 to 5 hundred maybe more. The 1936 that is.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    50 Centavos 1947-S MacArthur

    (27mm - 75% Silver - 25% Copper

    Similar to one peso, except MacArthur is shown in three-quarter profile

    Mintage - 200,000

    The 1947 peso and 50-centavo coins commemorate the liberation of the Philippines from the Japanese by General Douglas MacArthur. The designer was Laura Gardin Fraser, whose initials appear under the bust of MacArthur. Both coins were weakly struck in low relief at the San Francisco mint. They were the first coins struck for the new republic, and that one is a beautiful example.
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    PawPaulPawPaul Posts: 5,845
    .......i agree Teletrade's photo's are all over the place .....but this one in hand is making the 400$ look like a piddence . ( got in mail today )

    I wanted the NGC piece that T.T had several months back but was scared to go as high as that one went for .......

    and as pretty as that NGC one looked - this one MUST blow the doors off of of it . I would be hard pressed to imagine something more pleasing or satisfying

    in hand then gazing at this PCGS one .

    I am surprised to find out it was in previous auctions ; as I watch the non U.S lots each week closely .

    It is in a flawless brand new holder and it really has a million dollar ..errr .....a million peso look to it image
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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
    CONGRATULATIONS !!!!!

    I came real close to buying it myself. Sounds like now I should have image

    GrandAm image
    GrandAm :)
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    PawPaulPawPaul Posts: 5,845
    thanks Scavenger ,

    i searched the web but found little about them .........

    A famous U.S. General and a first issue for a new Country sound like a winning combination to me ; but overall many claim

    the coins are dirt common .

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    PawPaulPawPaul Posts: 5,845
    .......and Grand Am ,

    thanks for saying I ain't " nut's "image
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    rainbowroosierainbowroosie Posts: 4,875 ✭✭✭✭
    I like it!
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
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    mrpotatoheaddmrpotatoheadd Posts: 7,576 ✭✭✭


    << <i>Can this very common coin be found with superb toning in hi grade with a little searching ? >>

    You mean like this...

    image

    image
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    YaHaYaHa Posts: 4,220
    Send us some new images, maybe I can tell you if you paid too much, I am a expert of Mexican coins, because I was born a little mexican boy and had pocket change like this since 1920.
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    PawPaulPawPaul Posts: 5,845
    Ya Ha ,

    i love Mexican too , ............as for new pix ; i suck real bad at photo's - I tried , believe me
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    The coins are common. Most of them have been harshely cleaned. The ultra humid environment in the Philippines rapidly tarnishes coins. People there will save coins if they can afford it and think they may be of value. However they will clean them up. I think your example is not common. It sure looks good to me! I haven't seen one as nice as that.
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    PawPaulPawPaul Posts: 5,845
    ..another excellent piece of input ; so alot of them got cleaned and they had mushy strikes ...

    there are not many graded by PCGS...........

    I gotta wonder , was that General remembered in history as a hero - or was he responsible for a hellova lot of people getting the short end of the stick when he scooted out of the Philippines ?
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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
    McArthur did not leave the Phillipines voluntarily. He went dragging and kicking his heals all the way.

    GrandAm image
    GrandAm :)
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    SkyManSkyMan Posts: 9,592 ✭✭✭✭✭
    Looks like a pretty piece, Paul. Congrats on the pick-up! image
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    SeattleSlammerSeattleSlammer Posts: 10,125 ✭✭✭✭✭
    tasty!

    image
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    PawPaulPawPaul Posts: 5,845
    General Douglas MacArthur



    One of the most decorated soldiers in the history of the United States military, MacArthur became famous for both losing and retaking the Philippines During World War II. He was appointed Supreme Allied Commander in the South Pacific Area and led a series of military victories by Allied forces in the theatre. After Imperial Japan surrendered to the Allies in 1945, MacArthur became the Supreme Commander of the Allied Powers , rebuilding Japan during the Allied occupation. During the Korean War, MacArthur was removed from command for insubordination to U.S. President Truman, causing a national controversy.

    American forces under MacArthur's command took back the Philippines in October 1944, fulfilling MacArthur's vow to return to the Philippines and consolidating their hold on the archipelago after heavy fighting. In September 1945 MacArthur received the Japanese surrender which ended World War II.




    He was awarded and received the Medal of Honor for his leadership in the Southwest Pacific Theater. Philippine President Sergio Osmena also decorated him with the Philippines' highest military award, the Medal of Valor.

    Issued in honor of his contribution to Philippine history, the Central Bank of the Philippines released (2) diffrent Commemorative Coins in 1949.
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    Very pretty coin!
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    PawPaulPawPaul Posts: 5,845
    well now I got to find a drop dead killer rainbow 1 Peso of this type to complete my set ! image
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    fcfc Posts: 12,805 ✭✭✭
    i think the coin is very nice looking, albeit expensive.
    but one always has to stretch for the best looking.. i just don't
    know how much is stretching and how much is insanity ;-)
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    BigEBigE Posts: 6,949 ✭✭✭
    Cool coin!-----------------------------BigE
    I'm glad I am a Tree
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    PawPaulPawPaul Posts: 5,845
    in the case of this coin - I stretched without knowing anything about the series, the pop's, the mintage, availability ,demand , etc, etc .

    Were it a Franklin I would have been in my element and would know far better it's worth .

    But I gambled and took an ill advised shot ( not the logical way to bid ) ; this time i guess I won ......... but Again -I was out of my element and bid on impulse

    rather then on research

    and facts : however , the toning on this MS-66 PCGS coin is breathtaking and it's world class color .

    So i`m pleading temporary insanity .
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    MacArthur is well thought of and Americans in general are well received in many parts of the Philippines. English is widely spoken among those with some education.
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    FilamCoinsFilamCoins Posts: 1,901 ✭✭✭

    Congratulations on your purchase!

    Was issued as a commem. Most were saved; few circulated. Usually found in high grades and white with a low relief weak strike. Can be bought raw for around $10 in BU condition. Certified examples go for a bit more. $30 in 63 and up to $60 in 65. Few are colorfully toned like yours and PCGS POP is 9/0. The Peso is generally worth a bit more with a 66 POP of 1/0.









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    bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Toning is beautiful,i dont do foreign coins,but color is worth cost in a 66 holder.Need any Morgans?image
    Great coins are not cheap,and cheap coins are not great!
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    PawPaulPawPaul Posts: 5,845
    this is the pop. 1

    Peso in PCGS 66 that went for over a cool $ 700 . 00 a few months ago on Teletrade !image
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    This weep with the joy, verry beautiful coins for you. Yo uforget money soon but you remember COIN!
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    Dawg144Dawg144 Posts: 670 ✭✭✭
    Kinda reminds me of this one:

    Very old BST listing

    If you have a screw loose, then so do I.
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    tsacchtsacch Posts: 2,929 ✭✭✭
    tunay maganda.

    Ako maibigan atipan ng pawid lumikha.
    Family, kids, coins, sports (playing not watching), jet skiing, wakeboarding, Big Air....no one ever got hurt in the air....its the sudden stop that hurts. I hate Hurricane Sandy. I hate FEMA and i hate the blasted insurance companies.
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    PawPaulPawPaul Posts: 5,845
    Mr Xing ; how right you are .........

    and Dawg - cool link ; that one Peso is a beauty - I wonder if he was able to sell it ?
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    PawPaulPawPaul Posts: 5,845
    Barada - Nicto - .........
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    drwstr123drwstr123 Posts: 7,053 ✭✭✭✭✭
    Toner on eBay-twice the price.
    MacLINK

    ED.-sp.
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    PawPaulPawPaul Posts: 5,845
    arrrrrrrrrrrgggghhhhhhhh............

    That's Pharmer's coin : so he snagged that one off T.T. last year for a cool 110$ ;



    DUFFDADDY
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    notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>arrrrrrrrrrrgggghhhhhhhh............ That's Pharmer's coin : so he snagged that one off T.T. last year for a cool 110$ ; DUFFDADDY >>



    If he's gonna try to 8x his money he really should learn to take photos. --Jerry
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    oldshepoldshep Posts: 3,240
    Although your coin is beautifully toned, a $400 price tag does seem high, I got this set for $35 - not toned but a better strike then is usually found on these:
    imageimage

    Shep
    image
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    PawPaulPawPaul Posts: 5,845
    " a $400 price tag does seem high "


    high ? , i`d say astronomical image
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    morgansforevermorgansforever Posts: 8,504 ✭✭✭✭✭
    I was just going to start a thread about this coin, wierd.

    I was unable to locate info in the 2009 Redbook.

    Picked it up this morning for a whopping $15, appears to be in the 64 range, strike looks weak to me.

    As others have pointed out most have a lame strike.

    Scott

    Edit: Were these struck at the San Francisco Mint?

    image
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
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    gtstanggtstang Posts: 1,812 ✭✭✭✭✭
    I got this set on the bay last year
    image
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    coinsarefuncoinsarefun Posts: 21,781 ✭✭✭✭✭


    << <i>image >>











    Can I be honest here............its not very nice looking so if you mail it to me
    I won't tell anyoneimage

































    Dang that's a nice coinimage


    Stefanie
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    BECOKABECOKA Posts: 16,961 ✭✭✭
    I would love to see how good the color looks with a real photo. I think TT just uses a scanner which mutes or distorts it quite a bit.

    I have learned the hard way that it is better to stretch a little for great looking coins than try to penny pinch on something so, so. I am much happier holding the coins in my collection that I was patient for.

    Congrats, nice coin.
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    PawPaulPawPaul Posts: 5,845
    " I would love to see how good the color looks with a real photo "

    I would love to show you ; but until then you could take my word for it ...........
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    That will go nicely with your Indian Kutch coin Paul.
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
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    PawPaulPawPaul Posts: 5,845
    i got hard up for cash and sold that @ Teletrade over a year ago ..........sorry I did as it was the highest graded PCGS coin of that type .........image
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    FilamCoinsFilamCoins Posts: 1,901 ✭✭✭


    << <i>I was just going to start a thread about this coin, wierd.

    I was unable to locate info in the 2009 Redbook.

    Picked it up this morning for a whopping $15, appears to be in the 64 range, strike looks weak to me.

    As others have pointed out most have a lame strike.

    Scott

    Edit: Were these struck at the San Francisco Mint?

    image >>



    You won't find it in the Red Book because it is a Philippine issue, not a U.S. one.

    Yes, they were struck in SF.

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    georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    That is a beautifully toned coin Paul. You should give it to your poor brother! He can't even afford new shoes, let alone coins.
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    jmski52jmski52 Posts: 23,965 ✭✭✭✭✭
    You won't find it in the Red Book because it is a Philippine issue, not a U.S. one.

    Yes, they were struck in SF.


    Interesting. Nice coin, although I wouldn't have a clue as to the value. I used to have some of the smaller denominations from 1944-1945, and I've always been a bit intrigued. It makes sense that the 1947 was not in Redbook. Wasn't the Phillipines Independence in 1946 or so?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    PawPaulPawPaul Posts: 5,845
    you are all my brothers, ........ brother !
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    PawPaulPawPaul Posts: 5,845
    ski ,

    the coin was issued in 1949 ..........so they got liberated between 1945 and then ......

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    fcfc Posts: 12,805 ✭✭✭


    << <i>ski ,

    the coin was issued in 1949 ..........so they got liberated between 1945 and then ...... >>



    After establishing a base of operations on Leyte, American armed forces built-up and proceeded to invade Mindoro against relatively light opposition and ultimately landed on Luzon on January 9th, 1945. Secondary landings were carried out to prevent the main Japanese forces from retreating to more defensible positions such as Bataan. By July 5th General MacArthur declared the Philippines liberated. However, some remote areas remained under Japanese control until the end of the war.
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    FilamCoinsFilamCoins Posts: 1,901 ✭✭✭

    Found him!

    image

    image



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