1903-S USA Philippines Peso PCGS AU 55

Key Features:

Certification and Grade:

• PCGS AU55:
  • About Uncirculated (AU55) indicates minimal wear on the highest points, with most original mint luster intact.
  • Certified by PCGS, ensuring authenticity and a reliable grade.

Specifications:

• Country: Philippines (under U.S. administration).
• Year: 1903.
• Denomination: One Peso.
• Mint: San Francisco (S mint mark).
• Mintage: 2,667,000.
• Composition: 90% silver, 10% copper.
• Weight: 26.95 grams.
• Diameter: 38 mm.
• Edge: Reeded.
• Designer: Melicio Figueroa.

Design:

Obverse:

• Features a standing figure of Liberty, striking an anvil with a hammer, symbolizing labor and industry.
• The iconic Mount Mayon, an active volcano in the Philippines, is visible in the background, representing the natural beauty of the islands.

Reverse:

• Displays the American eagle with a shield on its chest, perched above an olive branch and arrows.
• Inscribed with “UNITED STATES OF AMERICA” and the date 1903.

Historical Context:

• The Philippines Peso series was minted under U.S. administration after the Spanish-American War (1898) when the Philippines became a U.S. territory.
• These coins were struck to American standards but designed to reflect Filipino culture and identity.
• The 1903-S Peso was among the first issues of this series, making it a key date for collectors.

Collector Appeal:

1. Historical Significance:
   • Represents the early years of U.S. governance in the Philippines and the blending of American and Filipino cultures.
2. Condition:
   • AU55 coins retain significant detail and luster, making them attractive to both type collectors and those focusing on high-grade coins.
3. Popularity:
   • The U.S.-Philippines Peso series has a dedicated collector base, particularly among those interested in colonial and territorial coinage.
4. PCGS Certification:
   • Adds assurance of authenticity and makes the coin highly marketable.

Conclusion:

The 1903-S USA-Philippines Peso PCGS AU55 is a must-have for collectors of U.S. colonial coinage and those interested in the rich history of the Philippines under American administration. Its historical value, coupled with its well-preserved condition, makes it a standout addition to any collection.