Watch List notes:

Philippines (Manila Mint), 1 peso, 1936-M, Murphy and Quezon, ex-Jones, ex-Sebring.KM-178.16.93 grams.Lustrous XF/AU with minor surface corrosion and cleaned surfaces, hairline crack in planchet near date, mostly non-toned except for a dark gray spot on the obverse, scarce type from this salvage.Pedigreed to the Dr. Peter Jones collection and to the Thomas Sebring collection (ANR auction of January 2004, with original lot-tag 1668).From: "Manila Bay treasure," dumped off the Philippines in 1942
($100-150)