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GA-Silver
Penny Pincher Member
USA
238 Posts |
 Posted - 12/19/2009 : 00:00:57
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I picked up a 1941 Philippine 10 centavo coin today for $1.00. The coin was minted in the USA for the Philippine Gov't and even has United States stamped on the coin. The coin is .750% silver and app. the size of an American dime.
Does anyone else here have/hoard these coins? I normally don't collect foreign silver (except Canadian), but I bought this since it was minted by the American Gov't.
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Junk Woody
Penny Collector Member
Canada
262 Posts |
Posted - 12/19/2009 : 00:14:48
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A friend of mine gave me a 1944 50 centavo coin that I carry around in my pocket along with a few other misc coins.
A beautiful looking coin IMHO |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 12/19/2009 : 08:12:57
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| Your are right they are nice coins have a few but don't see them as much anymore. |
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2old
Penny Pincher Member
188 Posts |
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GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 12/19/2009 : 11:01:35
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| It is wild that even though we minted the coins for the Philippines the coins still have "United States of America" stamped on them.... |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 12/19/2009 : 15:07:54
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In the Treaty of Paris, Spain resolved the 1898 Spanish-American War by ceding the Philippines, Cuba, Puerto Rico, and Guam to the United States for $20 million dollars. The Americans fought the Philippine-American War against the First Philippine Republic (1899) which resulted in actual American control over the islands. This was the period of American Empire Building where actual overseas territories were added to the United States. Other additions included American Samoa and Hawaii.
There was public sentiment in the US and the Philippines that the Phillippines should be decolonized. In 1935, the Philippines was granted Commonwealth status by the Americans (somewhat similar to Puerto Rico's status today) but remained a US possession and therefore it was very logical to include the United States of America on the coins of the time.
Your 1941 coin was minted in the lead up to WWII (Pearl Harbor attack and the start of the war between the USA and Japanese was on Dec 7, 1941). The Japanese invaded the islands and established a puppet government which the Filipinos fought bitterly. Over a million Filipinos died during the Japanese occupation before Allied troops regained control in 1945. The American's granted the Philippines full independence on July 4, 1946 (Independence Day).
Aren't coins fun? |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 12/20/2009 : 01:02:45
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| History sure is fun, especially US/Philippine history since I have a Filipino family member! |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 12/20/2009 : 23:27:42
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| Panamanian silver is another good foreign silver coin because they are the same weight and purity as American 90%. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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moboman
1000+ Penny Miser Member
USA
2555 Posts |
Posted - 12/21/2009 : 00:05:45
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quote:
Originally posted by AGgressive Metal
Panamanian silver is another good foreign silver coin because they are the same weight and purity as American 90%.
And they are pretty coins. I have a couple Balboa that I'm trying to sell right now. They are .9silver with .7734 toz of ASW, same as a silver dollar.
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"99% of all lawyers give the rest of them a bad name" 
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Cerulean
Penny Hoarding Member
USA
993 Posts |
Posted - 12/21/2009 : 14:05:55
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| Have the Panamanians minted any coins since 2001? |
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Cerulean's Standing Offer: $3/lb shipped for foreign coins |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 12/21/2009 : 14:47:13
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quote:
Originally posted by Cerulean
Have the Panamanians minted any coins since 2001?
I don't know - I heard that their coins were minted in the US anyway. If you google "panamanian mint", there is nothing to suggest they make their own coins. Right now, they officially use US dollars as their cash currency and Panamanian coins as change (which are the same size and denomination as US coins, only different designs). The same is true in Ecuador - they use Federal Reserve Notes and Ecuadorian coins. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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1941 Philippine coin
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