Well, it might be silver, so yes it would worth something. Can we see a picture of the other side so we can tell.
Phillipines coins are really cool cause they still show the US stuff but that looks like a nickel and I don't think those had any silver at all. Looks like you're living and learning with the rest of us. :thumb:
The reverse will tell you the denomination. That could be a 5, 10, or 20 centavo (hard to tell which - the font spacing makes me think it is a 10 centavo). The 5 is a nickel coin that trades for about 50 cents in that shape. The 10 centavo weighs 2 grams and has 0.0482 oz of silver. In this condition, I would multiply that times the silver spot price to figure out value. The 20 centavo weighs 4 grams (0.0965 oz ASW)
Eh, well that's a risk when buying coins you aren't familiar with... You may want to get a copy of the Krause 20th century circulating world coins book. It's cheap and portable enough to take with you on coin shopping trips.
And the Black Book (it's in the back of the red book and the front of the black book), although there are a few mintage number typos in my 2010 edition of the Red Book. I've added the ASW notes to my Black Book. It leaves me scratching my head that they left those out.
That's a nice gift. I remember when I could buy those all the time for 10-20 cents. Now, they've got >$2.25 in silver value alone!