Philippines (under US administration), 50 centavos, 1936, Murphy and Quezon. KM-176. 7.24 grams. Only 20,000 1936 50 centavos were struck to commemorate the establishment of the Commonwealth. In early 1942, as invading Japanese forces approached Manila, many silver 1 peso and 50 centavos coins along with a small number of Wilson medals were dumped into Manila Bay. This example is corroded with a partial circular protected area on the obverse from another coin, rather decent reverse with spots of dark encrustation. Recovered from: "Manila Bay treasure," dumped off the Philippines in 1942
Estimate: 125 - 200 USD