Beautiful Philippines Silver From World War II

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Happy Monday everyone! I hope the new work week is treating you all well so far. The big news of the day is still Bitcoin holding at $125,000 and testing a new all time high. The other big financial news is gold has hit a new all time high over $3,950 per Troy ounce. It's been a great day for my investments so far, I'm crossing my fingers the trend continues!

Today I decided to share something that is a nice relic of World War II. The coin in today's post was produced in 1944 at the height of the war in the Pacific with Japan. At the time the Philippines were a commonwealth of the United States, which is why you see both countries on the coin. I'll give you a brief history of the nation below, it's rather complicated. But first off, here's the star of the show today:

About the coin:


From numista.com

This is one of the nicer coins from the Philippines I've picked up over the years from the United States commonwealth era. Most have been badly circulated so when you find one in relatively good shape it always feels nice. You can pick them up at a premium price for perfect specimens, but most of these I've bought at pretty close to spot price over the years. They only contain 75% silver, but the fact that they were minted in San Francisco, California is part of the reason I really like them (it's always been one of my favorite mints.) The are solid pieces of history you can hold in your hand!

There were 19,187,000 produced in 1944, so it's not a rare coin by any means. The silver value in this coin is just about $11.71 as of this morning, however, it would sell for around $18 to a collector. At any rate, far more than I paid for it many years ago when silver was inexpensive. That's what I love about precious metals, they tend to gain value over time and are a great way to build personal wealth!

Philippines


pinaywise.com

The Philippines are an archipelago (chain) of islands located in the western Pacific ocean and a truly beautiful place. It has been populated by humans for millennia, but populations were never dense due to frequent typhoons and volcanic eruptions. Sadly, the Spanish arrived in earnest in 1565 and began conquest of the islands. Many natives were sent to Spain as slaves and populations were moved in from Latin America to firmly establish Catholicism. It remained under Spanish control until the Spanish American War in 1898.

In December 1898, Spain ceded the Philippines, Guam, Puerto Rico, Cuba, and other islands to the United States. After initial resistance by locals the US gained firm control until World War II when the Japanese invaded and took the country. By the end of 1944 and 1945 the US and Philippine forces expelled the Japanese. In 1946 the island nation decided to become independent and has been so ever since. That's why there are coins with the Philippines on the obverse (front) and the United States on the reverse (back) of the coin from that era.

That's also when things get complicated and I won't dive into the history here. Some of you may still remember Imelda Marcos and her huge shoe collection after her husband embezzled billions of public funds back in the 1970's and 1980's! I will leave a link in my references to the Wikipedia page if you want to read some more of the interesting history.


Some of Imelda Marco's more than 3,000 pairs of shoes
historycollection.com

That will wrap up my post for this Monday, I hope you found it interesting. Please feel free to leave any comments or questions below, and as always I always appreciate your support and engagement on my posts. I wish you all a great day and the rest of your week!

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References:

https://en.numista.com/15858

https://en.wikipedia.org/wiki/Philippines

Disclaimer

I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!

If you are interested in precious metals or even want to learn more about them feel free to come join us #silvergoldstackers

I'm a proud member of The Alliance Family!

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hive-146620 silvergoldstackers pimp mycalifornia neoxian pob hive-engine philippines
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42 comments
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Phillipines is high up on my list of places to visit. Its such an amazing looking place. Cool coin too!

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Everyone who goes there absolutely loves it, it's a great place. I like these coins because of the interesting history behind them. The US territories now all just use the dollar, no special currency like back then!

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I think I was too young to pay any attention to that back then. It's all new to me! It still looks like a cool coin and it is interesting that they used to be a commonwealth of the US.

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I remember it being all over the news when they seized her shoe collection. Pairs worth thousands of dollars, just crazy money and over 3,000 in total while the common folks were having a hard time getting enough money to feed their families. It was sad!

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Cool piece. I don’t have any Philippine coins in my collection

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I like these from the era the US produced the coins, I've collected a lot over the years and much of the time they go for near spot when worn. They are cool pieces of history though, thanks!

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I remember when the Philippines were a Commonwealth of the US very cool to see the reverse designed that way!👍😊
Awesome silver Coin, a slice of Philippine in US history!🤗

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That was a few years back wasn't it? I love coins like these because they show the history of our country around the world. Do you remember the one dollar bills with Hawaii printed on the back? Produced for Hawaii before it became a state?

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(Edited)

PIZZA!

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Come get MOONed!

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!invest_vote !LUV !PIZZA !wine !WITZ !LOLZ !Hugh

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!LADY !BBH !PIZZA

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Nice piece of history there. Makes me want to pick up one from there now. I love that part of U.S. history and famaliar with some of it. I remember the Marcos shoe debacle when I was a kid, that was crazy.

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I like these US produced coins for the Philippines and have always picked them up if the price was right. There's even one that celebrates General MacArthur from 1945 I believe, I don't have that one though!

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Yeah, its raining today, so stuck inside. I may just do some online shopping. May even look for the one wiht Mac.

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Such a very interesting piece of coin and the history of Philiphines.
I always thought that they are under Spannish rule all these years.
!LOLZ !PIZZA !LUV

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They certainly have a lot of Spanish influence that persists to this very day in their culture, and Tagalog has many similarities to Spanish. The Spanish Empire that had remained evaporated after the Spanish American War in 1898, which led to US influence in the Philippines until after World War II. Guam, Puerto Rico, the US Virgin Islands, and many others are still US territories until this day.
!BBH
!PIZZA
!LOL

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With all that public cash Imelda has quite the shoe collection, every wife of a corrupt politician needs a hobby. 👠👡
!LOL
!PIMP

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She definitely had a hobby for sure, I guess when you have billions at your fingertips what's a few thousand for a few pairs of new shoes every week? Of course she lost them all when he was finally overthrown...
!PIMP
!LADY
!PIZZA

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Imelda and her fluffing shoes. Corruption in politicians rankles me. What really rankles me is the youngsters saying they abhor until they find themselves with some power and do exactly the same! So rife in Africa and the Philippines too! Bring on that goal 4k high!

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I think corruption and politicians have gone hand in hand since the start of human civilization. Humans are greedy by nature and take advantage of power anytime they have it. I know not all of us are like that, but those politicians are universally like that...

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Them and lawyers and surprise surprise so many lawyers become politicians! Yeah greed you nailed it!

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!HBITS

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Wow, look at those shoes! I see three colors: white, beige, and black, and there are lots of shoe colors. So I suppose that there are many more?
I visited the Philippines once... it was beautiful, and people were very friendly!
And I bought Philippine silver coins!

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!BBH
!LADY
!PIZZA

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