Watch List notes:

PHILIPPINES, Insular Government (United States Administration). 1901-1935. AR Peso. Philadelphia mint. Dated 1903. Eagle standing facing, wings spread, head left, on shield, clutching olive branch and arrows / Female personification standing left, holding hammer over anvil; volcano in background. Allen 16.01; KM 168. In NGC encapsulation 5854653-001, graded PF 64+.