Philippines
1912-S Peso U.S. Philippines Peso MS63 PCGS. The dollar-sized one peso coin struck by the United States for the Philippine Islands was the principle issue in a series of coinage that included fractional denominations of 50, 20, 10, five, one, and one-half centavos. Although initially sized like the U.S. dollar at 38 mm, the U.S. Philippine peso was legally exchangeable with American money at a rate of two pesos to a dollar. In 1907, the weight and fineness was reduced following a rise in silver prices, and from then on, the U.S. Philippine peso had a diameter of 35 mm.
The 1912-S peso had a mintage of 680,000 pieces but is rare today in Mint State. This Select Uncirculated example shows a sharp strike and satiny mint luster with a blush of light golden toning. Eye appeal is outstanding. Population: 3 in 63, 6 finer (6/17).
HID02901242017