Need help on the price of this coins in this condition...

Comments

• bronzemat Posts: 2,666 ✭✭✭✭✭

  November 2, 2011 8:50AM

  The top one, about $50 on a good day. The peso, maybe $20.

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• IloiloKano Posts: 1,051

  November 2, 2011 12:38PM

  The 1907-S, 1908-S, and 1909-S Pesos all are just silver melt. Premiums only exist on these three dates in high AU grades and above, and that is if they show no signs of ever having been cleaned or submerged in seawater, which was the fate of millions of these immediately prior to advancing Japanese forces during WW2.
  
  The 1910-S, 1911-S and 1912-S Pesos have premium values in grades as low as Fine (uncleaned) for 1911-S and 1912-S, and as low as Extremely Fine (again, uncleaned) for 1910-S.
  
  The reason I emphasize 'uncleaned' is because most U.S. Philippines coinage suffered such a fate by Filipino collectors long after other collectors stopped the practice, even for the uber rare 1906-S Peso, where less than 100 are thought to have survived. Rampant cleaning creates a huge challenge for today's collectors, but if you're aware of the problem and are very careful to cherry pick uncleaned high grade coins, you can find some fantastic deals and create an enviable collection on a modest budget.
  
  Actual Silver Weight (ASW) for the .800 fine 1907-S through 1912-S Pesos is 0.5144 oz., so given NYMEX silver spot closed today at $33.61 per ounce, each of your three pesos should be worth a little over $17, $20 max. If you choose to keep any of them, make it the 1909-S, since it appears to be close to AU, and it had a significantly lower mintage at 7,578,000 vice 20,955,000 for the 1908-S and 10,276,000 for the 1907-S.
  
  Curiously, the .900 fine 1903-S through 1906-S Pesos contained 0.7800 oz. ASW, which was actually more silver than U.S. Morgan Dollars (0.7734 oz. ASW) which circulated in the states and all other U.S. possessions at the time.
  
  Now for the heavily chop marked peso... I think it is very likely that it also circulated in the Philippines during the Spanish era, since coinage from other Spanish possessions was the primary coinage up to mid to late 1800's, when coinage was specifically minted for the Philippines. Immediately prior to that though, other coinage was often counter stamped, especially during the Reign of Queen Isabella II. Much of the coinage for the Philippines was also traded in the orient, which was the cause for all the chop marks. There actually exists a collectors group for chop marked coinage, but I know next to nothing about that area, except that a few specific chop marks are sought out over others.

  My US-PI One Centavo Circulation Strikes (1903-1944)

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• TwoKopeiki Posts: 9,855 ✭✭✭✭✭

  November 3, 2011 1:31AM

  The first coin, 8 Reales from Mexico City Mint, could be a Boston counterfeit. Hard to tell without seeing the edge, but I've seen that little swastika chop quite often on the Boston type. If authentic, it's about a $50-$70 coin depending if anyone wants to pay a premium for a scarcer year.

  
  8 Reales Madness Collection
  

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