Clinker

Their was panic in the Phillipines in 1942. The Japanese were coming! General Douglas MacArthur and the Americans were leaving!
A discussion was in order to determine what to do about the bullion the Phillipines' government had stored away. Some of it was in their treasury and some was stored at the Manila Mint. Word had reached them about the Japanese forces' practice of gathering up the existing coins of an occupied country and melting them to mold into ingots (or just filling barrels and crates with coins) and shipping them back to Japan for their war machine.
An agreement was reached for the Americans to take the bullion and some coins to the United States for safekeeping. The Phillipines government decided to gather up the remaining coins (from banks and businesses) and dump them in the bay to keep the Japanese' hands off them.

Later, when MacArthur returned, he couldn't believe how much devastation the Japanese had wreaked in the Phillipines for the short time they were there. The mint in Manila was in such disrepair it would not be operable until 1946. In fact, the mint did not strike coins until 1948. The last time the mint struck coins was in 1941. In reclaiming the coinage dumped into the bay, they discovered much of it was worthless because of salt water corrosion. What to do? How could the government survive and get it's economy back into good working order?

The United States of America stepped up to plate:

The Philladelphia Mint struck 21,198,000 1944 copper-nickel-zinc alloy five-centavos coins.

The Denver Mint struck 31,592,000 1944 silver ten-centavos coins and 28,596,000 1944 silver twenty-centavos coins. It also struck 137,000,000 1945 silver ten-centavos coins and 82,804,000 1945 silver twenty-centavos coins.

The San Francisco Mint struck 58,000,000 1944 bronze one-centavo coins, 14,040,000 1944 copper-nickel-zinc alloy five-centavos coins and 19,187,000 1944 silver fifty-centavos coins. In 1945 it struck 72,796,000 copper-nickel-zinc alloy five-centavos coins and 18,120,000 fifty-centavos coins.

In 1947, the San Francisco Mint struck two commemorative coins for the Phillipines: a silver 50-centavos and a one pisa coin featuring General Douglas MacArthur.

You remember that James Earle Fraser's (designer of Bison/Buffalo Nickel) wife (Laura Gardin Fraser) designed and created the models of several United States commemorative coins struck in the middle and late thirties. Well, she designed the two Phillipines General Douglas MacArthur coins too.

Ain't it great to be an American?

Clinker

Mikjo0

Very interesting Cinker,
Was there ever a period between the Spanish-American War and WWII that the Phillipines actually minted their own coinage? I'm asking because I recently bought this 10 centavo that was also minted by the U.S.

Attached Thumbnails

 

 

Dabalzak

Very very nice read. It was very good thinking of them to atleast send some to the US for safekeeping. No matter what the government does that might upset me, Its still better to be here than anywhere else in the world.

Clinker

Mikjo0:

I'll get back to you on that. I don't believe there were coins minted by the Phillipines back then.. I know Spain ceded the Phillipines to the U.S.A. and since it became a possession of the U.S. our mints provided the coinage with the legend "United States of America" on the reverse.

Clinker

Mikjo0

While I'm waiting......here's some spelling trivia,something that we all,myself included,have got wrong on this thread.There is only ONE "L" ,but three "P's" in Philippines (thank you Google Spellcheck).Guess I'll have to change the label on my 10 centavos,huh?

Clinker

Now if that's the only word I mispelled today and/or yesterday I will feel good about it.lol

Clinker

Krasnaya Vityaz

Coins minted in Manila from 1910? -1941.

__________________
Разом нас багато, Нас не подолати! Ми не бидло! Ми не козли!

Bonedigger

Well, that sheds some light on the history of this piece. Thanks

Take Care
Ben

__________________
A few things to remember, Certification and Attribution are Absolute and Definitive. Grading, on the other hand IS NOT. STRIKE is everything, be it strong or weak.
Capped Bust Half Dollars Identification Reference
[SIGPIC][/SIGPIC]

Check_M_All

Clinker,

You just made my day. Yesterday I was searching around an antique shop here in town and saw a 1944D 10 Centavos with United States of America on the reverse. It intrigued me. It was in beautiful shape and toning very nicely. The price was right so I picked it up. I was going to search the history of it tonight, but in you step with another great bit of trivia.

Mikjo0

I think I've found the answer on Coinsite:Second paragraph (Krasnaya is correct)
http://www.coinsite.com/content/faq/Philippines.asp

Clinker

Check_M_All:

I had some other trivia items to thread, but something made me feel I should send this one. Guess it was for you.

Clinker

Clinker

Thanks for the webpage on coinsite to help clear things up.

Clinker

horge

Hi.
The Manila Mint operated from 1920 to 1941.
It did not ever reopen after the war, as the building (formerly the Intendencia, being only blocks
away from the location of the old Spanish colonial mint or Casa de moneda de Manila,) was
too severely damaged by U.S. ordnance, in liberating the city from entrenched Japanese forces.
(If there are any WW2 U.S. veterans here, you have my profound gratitude and admiration.)

In 1998, the Spanish government extended funding for the restoration of the old (U.S.) Manila Mint
(Intendencia) building, to serve as the new home of the Philippine National Archives (RMAO), but
work towards this end has been frustratingly slow. I happened to drive by the ruins just this
Saturday morning.

In 1975, a new mint was established far north of Manila, in Quezon City. It operates to this day.

Aidan Work

Clinker,the 'UNITED STATES OF AMERICA' & the Filipino Coat-of-Arms is on the obverse,not the reverse.

Aidan.

horge

Hi, Aidan

IIRC, that is merely a convention adopted by numismatists who wanted easier display/organization
of mounted/album'ed specimens (assuming organization by date, of course) , as well as for more
readily-visible evidence of the "United States connection" in each and every mounted coin specimen.

Officially, however...
The design was adopted (with very little change) from a proposal by artist Melecio Figueroa.
The face with the standing lady --supposedly Figueroa's daughter Blanca, as he imagined she
would be when she grew to womanhood, was plainly designated as being for the obverse.

This is unambiguously noted by Shafer (1961), and several others.


horge