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Have you checked your pile of change recently?
If youre lucky, it may contain a rare or valuable coin.
You could even find a U.S.-Philippines coin, which can be worth up to $1 million!
Heres a closer look at data fromCoinValueLookupabout these unique historical artifacts andwhy theyve become so sought-after.
Why Are US-Philippines Pesos Worth So Much?
The Philippines became a U.S. colony in 1898.
The U.S. Mint in Philadelphia began producing these coins soon after, in 1903.
The U.S. Mint designed these coins to be binational.
At the same time,very few early-era U.S.-Philippines pesosstill exist.
The Japanese invasion of the Philippines during World War II also contributed to the scarcity of these coins.
Today, collectors are willing to pay a ton for U.S.-Philippines coins for exactly these reasons.
The coins are beautiful and rare, which makes them a wonderful addition to a serious collection.
1907 Proof Peso
You probably dont have this coin.
Very few of these valuable proof coins have survived to the present day.
In fact, there are only two in total from the year 1907.
Thats why a collector was willing to pay just under $1 million for one in 2018.
1907-S Peso
Maybe you dont have an original-proof version of the 1907 U.S.-Philippines peso.
But you could have a version of it designed for circulation.
These are still valuable one in mint condition sold for $15,600 in 2019.
Keep in mind thatonly a small percentageof the coins are in good-enough condition to be graded as mint.
But even if yours isnt, it could still be worth several thousand dollars.
1918-S Allen-4.08b Mule
In coin collecting, errors often add value through scarcity.
A mint makes a mistake in production, creating coins that dont feature the right front and back images.
Thats exactly what happened with the 1918-S Allen-4.08b Mule.
Collectors love high-quality versions of this coin because of itsunique backstory and scarcity.
One in excellent condition sold for $41,125 in 2014.
This means the majority of the 1906-S pesos were melted down for their silver content.
Now, theyre very scarce, and collectors are willing to pay top dollar for the high-quality version.
For example, someone purchased a 1906-S peso in good condition in 2020 for $43,200.
1905-S Peso
There are two versions of the 1905-S peso, which haveslightly different design elements.
However, both versions are worth quite a bit for their rarity.
For example, a cheaper curved-foot version of the coin in mint condition sold for $60,000 in 2022.
But its important to follow the right process.
Doing so will help you maximize your profits.
That means starting by getting the coin graded through a reputable company.
Then, put them up for auction online to appeal to the widest range of collectors possible.
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