1936 Philippine Pesos

Discussion in 'World Coins' started by Steve66, Jan 30, 2018.

  1. Steve66

    Steve66 Coin People

    I wanted to get some opinions on these 2 coins. (sellers Pics)
    These are being sold as uncleaned & uncirculated. Please share your thoughts...


    ph1.jpg ph2.jpg ph3.jpg ph4.jpg
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  3. sonlarson

    sonlarson World Silver Collector

    Upper is Roosevelt and Quezon. Lower is Murphy and Quezon. Mintage was 10,000 each. I don't see anything unusual but I am surprised to see in this condition without being slabbed. Weak strike is normal. If genuine those are very nice coins. My examples are in "ship wreck" condition.

    Philippines 1936 Peso Roosevelt Quezon.jpg Philippines 1936 Peso Murphy Quezon.jpg

    Some history from my notes:
    WWII the Philippines were attempting to keep the money in the National Treasury away from the Japanese. $20,000,000 in currency was burned and $2,000,000 in gold bars along with $360,000 in Silver bars were shipped to San Francisco.
    The remaining Silver coins were dumped into the Caballo Bay off Corregidor Island.
    The Japanese attempted to retrieve the Silver coins using Filipino and American prisoners. They were only able to get around 250,000 Pesos.
    In 1945, the U.S. Navy was able to retrieve another 5,380,000 Pesos. There are still coins in the Bay today.

    Weight should be 20g and diameter 35mm. Unc value $200-$350
  4. Old Texas Reb

    Old Texas Reb Member

    Here's one I have that I'd grade AU. By the photos you posted, I don't believe either coin is Unc. Cleaning, I'm not sure, same with authenticity.

    If these coins are being offered on eBay, I think I would pass.

    Attached Files:

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  5. Steve66

    Steve66 Coin People

    I believe your coin will grade uncirculated, and I'm not questioning the authenticity of the coins I posted, I know they're real.
    I am just asking for opinions on the grade.
    Thanks for yours.
  6. Steve66

    Steve66 Coin People

    Well, I pulled the trigger on these coins, here's another look...

    I have wanted this set for a long time.

    1.jpg 2.jpg 3.jpg 4.jpg
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  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    I believe both of those coins have been polished. They also both appear to be AU.

    If you got them for a good price, then they are still a solid pickup. As mentioned earlier, these are not the most common coins.
  8. Steve66

    Steve66 Coin People

    What would be signs of having been polished?
  9. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    The shininess of the coins, combined with the flat, dull, lusterless look of them.
  10. Steve66

    Steve66 Coin People

    I'm not seeing it... they look ok to me. If they are polished then I probably paid a little too much.

    Here's a pic with my I-phone.

    IMG_0889.JPG IMG_0895.JPG

    I appreciate your help.
  11. Steve66

    Steve66 Coin People

    Here’s the grades...
    I honestly thought they would grade higher, but all and all I’m happy with the outcome.

    860583DB-1C32-452D-83B3-35FB51663AB6.jpeg EA8648D8-1780-42A7-BEAB-62FF649C5802.jpeg
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  12. H8_modern

    H8_modern Attracted to small round-ish art

    Good example of the difficulty of grading coins from pictures.
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  13. jhinton

    jhinton Well-Known Member

    Those are tough coins in the higher MS grades. From the orginal pictures I was thinking 61/62 grades but it's not easy from the pictures.
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