Philippines
USA Administration Proof Peso 1905, KM168, Proof. This is the Proof only issue with no mintmark. Mintage of just 471 pieces and many have not survived to today. Brown and gray toning with some field abrasions noted. Krause catalog price(s) for this item: $25 in VF, $45 in EF, $300 in UNC, $450 in BU.
Estimate: 800-1000 USD