Description
The 1906 U.S.-Philippine Peso coin, graded NGC AU 50, is a rare and highly collectible coin, part of the U.S. Philippines series, known for its silver content and historical significance.
Here's a more detailed breakdown:
Coin Type: 1906 U.S.-Philippine Peso (Large Peso)
Mint: Philadelphia
Mintage: 201,000 (for the regular strike)
Design: Melicio Figueroa and Charles Barber
Composition: 90% Silver, 10% Copper
Weight: 26.95 grams
Edge: Reeded
Rarity: Considered a key date and a rare coin in the series, making it highly sought after by collectors.
Why it's rare:
Low mintage compared to previous years.
The silver crisis of 1905 led to a halt in production and the coins being kept in the treasury.
The silver content value of the coin became greater than its monetary value, prompting a change in the peso's design and composition.
Counterfeits: Counterfeits of the 1906-S Peso exist, so it's important to have the coin certified by a reputable grading service like NGC or PCGS