Expert: PAPAJACK - 6/7/2007

Question
I would like some information on this coin, any type.
thanks Michelle

Answer
Hello Michelle,                               

It is a Philippine Half Dollar coin. It may seem odd that a coin from an Asian country would bear a denomination that is usually attributed to Spanish countries.

But The Philippines were held by Spain until the end of the 19th century, when the islands were ceded to the United States after the Spanish-American War. However, the monetary system remained unchanged. During these years the Coinage produced for them was made either in the U.S.A. at the San Francisco Mint or at a Mint set up in Manilla by the US Mint.

The islands were invaded by Japan during WWII. Although the Philippines became a self-governing commonwealth of the United States in 1935, monetary reform did not occur until after 1965.

The coins value is set by the Grade since there were so many made. They will usually sell from $4.00 to $12.00 for circulated coins depending on grade. Uncirculated Specimens sell for more.

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Thank You and Good Luck

PapaJack