How to value your US Philippines Silver Peso 1903-1912

SilverTorch66 presents: How to value your US Philippines Silver Peso 1903-1912 Since the Aug 5th airing of the Kapuso Mo, Jessica Soho episode “Turn your One Peso Coin into One Million”, I’ve been receiving an overwhelming number of comments from owners of US- Philippine Colonial Period Silver Peso coins.
Most viewers are looking for help to determine the value of their Silver Peso coins, so rather than trying to respond to each individual request, I have decided to create this video to show you how to determine for yourself their general condition and then based on that condition, I will provide a price range that you can use to determine what your particular coins might generally worth.
It’s important to understand that the grading of coins is a very subjective process that is generally left to professionals who have vast knowledge and experience on how to do it.
But with that said, as a coin collector, it is important for us to understand the grading process and be able to perform a general assessment of the coins we may wish to buy so we don’t end up overpaying for them.
So, I will briefly explain the accepted industry standards for determining the grading of the US/Philippine Colonial Silver Peso series coins dating from 1903 to 1912. First there are Circulated Coins which are coins that were distributed for the use by people as a monetary medium of exchange
Circulated coins have grades which range from Poor (PO) to About Uncirculated (AU). However, for this video, I’m gonna start with circulated coins rated at the “Good” Grade condition, because If your coin falls into a condition below this, then chances are your coin will only be worth its melt value and you would be probably very hard pressed to find a buyer who would pay any significant premium for it. Bare in mind there are exceptions to this if your coin is a rare or key date so make sure you do your research before making any decisions to sell your coins. Next next category of coins are those with no wear at all which are referred to as Uncirculated (Unc.), Brilliant Uncirculated (BU), and Mint State (MS). When a numerical grade is assigned to an uncirculated coin, it goes along with the abbreviation MS.

Uncirculated coins are new coins that have never been in circulation. Coins may have been stored for many years in original mint sealed bags, or stored in bank wrapped rolls, or carefully preserved by collectors. As a result, Uncirculated coins exhibit no wear from general circulation. Depending on contact they may have had with other coins and atmospheric conditions during or after coining, blemishes, bag marks and toning may be present. Uncirculated coins may lack luster and still be considered Uncirculated.

If you feel you have a coin in this series that is uncirculated, I would recommend you seek out a professional grading service to evaluate your coin as the differences between grades at this level can be very difficult to ascertain without a great deal of experience. And also because there are so few surviving US/Philippine Silver Peso coins graded at this level, your specimen may be worth a significant value. The final category I will briefly describe in this video is the proof grade.

Proof coins are made by a special process using carefully selected coin blanks and dies, which are meticulously polished and burnished to remove any and all imperfections. The coin blanks are hand-fed into a specially adapted coin press, and are struck twice – at slow speed and with extra pressure – to produce high-relief features contrasted against deep mirrorlike surfaces. The dies are polished frequently, and are replaced after only a limited number of strikes. The finished Proof coins are inspected to rigid standards, handled only with gloves or tongs, and specially packaged for delivery to collectors. So, now that you have the necessary information to determine the rough grading of your coin, the next question is, how do you know how much it’s worth?
The buying and selling of numismatic coins will always be subject to market demands. What people want and how much they are willing to pay for it. So, bear in mind that any values represented in this video are only guidelines and not absolutes!


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