11 days ago
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Key Fact
Description
This 1908 S USA-PHIL Peso is a genuine silver coin, recovered from the Manila Bay Salvage. Graded by NGC, it carries the certificate number 2188458-185 and represents a significant piece of Philippine numismatic history. The coin showcases a classic design with an anvil and hammer on the obverse.
History
This coin was minted in San Francisco in 1908 during the American colonial period of the Philippines. Its discovery as part of the Manila Bay Salvage adds a unique layer to its historical narrative, suggesting it was lost at sea during a tumultuous period or during naval operations. The design features elements that reflect the cultural and economic ties between the United States and the Philippines at the time.
Facts
The 'Manila Bay Salvage' designation makes this coin particularly sought after by collectors interested in shipwreck coins. The image of Miss Liberty at her anvil is an iconic representation of the era's currency, symbolizing industry and progress. Coins recovered from shipwrecks often carry stories of adventure and loss, contributing to their allure.
Value Fact
Shipwreck coins, especially those with certifications from reputable grading services like NGC, often command a premium. The 1908 Philippine Peso, particularly from a shipwreck find, is a desirable item. Market value depends heavily on the specific salvage event and the coin's condition post-recovery, with prices ranging from a few hundred to several thousand dollars.

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