Finest 1906-S One Peso offered at Stack's

The 1906 San Francisco mint 1 Peso enjoys the status as "King of Philippine coins" not because of its mintage, but because of the history behind it. There were more than 200 thousand of this coin produced dated 1906 aside from the proof coin minted by the Philadelphia mint. But because of the scarcity of silver and its importance to the economy of mainland United States, its former colony, the Philippines undergone several transition including the reduction of size of the United States colonial coins as well as its alloy. From the standard of 1 ounce, the Philippines adopted 3/4 of an ounce for the equivalent of peso in silver unit.1 Peso,...

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POWERHOUSE COUNTERSTAMPS Part II: The 1906-S Counterstamp

1906-S with several chopmarks, with an unknown and koban counterstampThe 1906-S 1 peso has been the most prominent status symbol of Philippine numismatics. Though the actual mintage of this coin is just slightly lower to the dated 1912 San Francisco Mint 1 peso. Still, the desire of owning a 1906-S 1 peso is a must for every Philippine coin collector.During the 2nd World War, when the outnumbered United States & Philippine forces were retreating to the mountains of Bataan. Several boats carrying sacks of silver coins left the port of Manila and headed to the coast of Bataan to dump their cargoes on the waters of Manila Bay.The Rape of...

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