Rare Chopmark 1904-S Peso Philippines Under US Sovereignty .900 Fine Silver Coin

Description: Carob Diamond Co. 1904-S Peso Philippines Under US Sovereignty .900 Fine Silver Coin (CDC004182 M-KM) DescriptionCarob Diamond Co. presents a 194-S Peso Philippines Under US Sovereignty .900 Fine Silver Coin.Without a doubt the Large Peso is the "King" of the USA/Philippines Type Set. At a weight of 26.95 Grams of .900 Silver the Large Peso, minted from 1903 through 1906, had a silver content equal to the U.S. Morgan Dollar. With an official exchange rate of two Philippine Pesos to one U.S. dollar it was not long before the value of the silver content in the Large Peso exceeded its face value and many were melted during the great silver melts of the period. In 1906 the Silver Pesos held in reserve by the Treasury to back the Philippine paper money then in circulation were exported tot he U.S. for re-coinage into the reduced size and weight pieces which followed in 1907. Lyman Allen estimates that less than 20% of all 1903-1906 silver coinage exist today in any grade. The weight and size of this coin made it particularly prone to bag marks so Choice BU and GEM BU specimens are a challenge to collect. Invest in precious metals today! Please carefully review all photos of actual item for sale and item specifics for more details. Thank you! Full Service JewelerWe provide full service jewelry repair, including ring re-sizing and rhodium plating. We can include an independent Appraisal by a GIA Graduate for your new jewelry piece. We also offer interest free Layaway. Message us for more information. Payment PolicyPlease send payment within 3 days of auction's end. Local pick up is available at no additional charge. Upon payment, we will contact you during business hours for pick-up instructions (we are closed Sunday, Monday, and Holidays). Thank you.Shipping PolicyPackages are usually shipped within 24 hours of payment receipt (excluding Sunday, Monday, and Holidays)Shipping costs for all orders can be determined by the shipping calculator in this auction. All orders are shipped via UPS, FedEx, or USPS.International buyers, please be aware that you may incur a brokerage and/or customs fee upon delivery. Winning bidder is responsible for shipping charges. We reserve the right to choose carrier based on shipping method selected at time of payment.Combined shipping is done at the sellers discretion. If you purchase more than one item from us, they may arrive in separate packages. Carob Diamond Co. Copyright © Carob Diamond Co. Reply Forward

Price: 99.1 USD

Location: Newberry, Florida

End Time: 2024-10-21T20:10:21.000Z

Shipping Cost: 4.99 USD