The US Philippines 1906 Peso – $40,000 or more
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This stunning and scarce coin is coveted on both sides of the Pacific. Initially, the U.S. Philippines 1906 Peso had an exchange rate of two Philippine Pesos to one U.S. dollar. Made of silver, this unique coin quickly exceeded its face value. Like so many silver coins of its time, it was melted down and almost forgotten.
Often called “the King of Philippine Pesos” today, it’s believed there are only 250 or so still in existence. Finding this dual national coin, especially in mint condition, is almost unheard of. This is probably why some of the best-preserved Philippine pesos from 1906-1908 have been valued between $20,000 and $40,000.