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 Replies: 17 / Views: 20,689 |
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Valued Member
Philippines
386 Posts |
Every Filipino coin collector would love to own the scarce 1906-s USPI one peso coin. Pls. look in the sample pix.  However there exist a lot of counterfeits be it "cast type" or an "altered date" type. As some books states, this beautiful peso exist within a bracket of 200 to 250 pcs and falls under "scarce" category. In my humble opinion - Scarce coin can become Rare because of its collector's demand. Once an item is put in the hands of a collector, the percentage of having it back in the market lowers. If it's in the hands of dealers, there is a greater chance of making it out again in the market / auction. But to think of its numbers in existence, it will only take at least 250 coin collectors worldwide to make this beautiful peso coin be seen only on pictures...very hard to acquire thus making it Rare? -moved to World Coins and Commemoratives by Staff |
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Pillar of the Community
United States
1523 Posts |
That's a beauty Pand.Got a pic of the reverse?
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Valued Member
 Philippines
386 Posts |
Yes Halfwitty, pls find the obverse of this 1906-s on the photobucket . http://i272.photobucket.com/albums/...906suspi.jpgYou will notice that the coin has so many deep punctures due to harsh cleaning though it has already acquired some blue & bronze toning. By the way is it okay to discuss it here or I should have made this topic on the proper forum place? |
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Moderator
 United States
23731 Posts |
 to the community, A very nice scarce coin, too bad for the harsh cleaning it will effect the value somewhat. I would grade it at VF-30. Krause lists the value at $1200. If it were mine I would have it slabbed, it would probably come back as ungradable because of the cleaning. But at least you would know for sure if it's genuine or not. Edited by echizento
04/13/2010 2:29 pm
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Pillar of the Community
United States
1523 Posts |
ANACS would still grade it though it would me marked as harshly cleaned and yes, you are in the correct forum for discussion.
Edited by Halfwitty
04/13/2010 10:37 am
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Valued Member
Philippines
386 Posts |
Thanks for the nice grade echizento :-)
Before aqcuiring my first 1906-s peso 8 years ago I tried to study its characteristics, collected and filed numerous info and pictures to differentiate genuine from fake. I even bought two kinds of counterfeits, one in Cast-in-place sample and another kind of a nice altered date (almost perfect) sample for study purposes and also serves as my clear/live record to support my study notes as well.
You are right halfwitty, Anacs I think would best suit, but the one I am considering to having it slabbed is my 1906 proof peso coin. It is also to preserve its cameo / proofness. Because I also worry the climate here in the Philippines, excessive humidity might affect its present state. At least if it is already vacuum sealed in a slab it would be safer. However, I haven't tried mailing a coin for slabbing purposes.
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Pillar of the Community
United States
1523 Posts |
The process for ANACS is pretty simple. The website explains it well and the submission form can be downloaded.Having been in the P.I. both in summer and winter, Iwould be concerned with the humidity as well.
Edited by Halfwitty
04/13/2010 9:02 pm
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Valued Member
Philippines
386 Posts |
Thanks for the info Halfwitty.
I've seen their website, I'll try the proof coin for slabbing with Anacs.
Hope to catch you guys on my next posting re: 1906 proof peso... :-)
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New Member
Philippines
16 Posts |
It is a very nice 1906S phil.peso. How much is the cost of those ones at present with that grade, do you have any idea? :-)
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Valued Member
Philippines
386 Posts |
Quote:
Krause lists the value at $1200 I haven't seen it these past auctions here so no idea in prices at Philippine market. But I agree with echizento, it could fetch that much nowadays based on its Krause book value. I noticed you are a Pinoy, and welcome to the forum  Speaking of auction, there will be this coming 30th this May. In case you may want to see, just dropby at QC sports and see you there. |
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Valued Member
United States
287 Posts |
I want to own one of this type of coin one day. I love the large dollar size coins. :)
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New Member
Philippines
16 Posts |
i agree with you Rigoletto, I also want to own one but my budget will not allow me  besides, I can not determine the originals from the fakes. Pandesalapi, you mentioned that you have study notes on fakes. pls tell us how you were able to say a fake from an original? Are there any signs? |
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Pillar of the Community
Philippines
1156 Posts |
Great coin Pandesalapi  that and the 1912 is all I lack in the series and yes, that is difficult to find and expensive to acquire. Sold usually on a negotiated sale & not auctioned. I've seen some available but these are the ones sea salvaged, pitted black and then scrubbed ashen white, leaving pitted surface, not so nice but still expensive |
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Pillar of the Community
Philippines
1156 Posts |
bagets- fakes of the USPI 1 peso are known of specific years, because of the coin prices for those years, so best be careful of years 1906, 1911 and 1912, also 1904 chopmarked
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Valued Member
Philippines
386 Posts |
Quote:
pls tell us how you were able to say a fake from an original?
Are there any signs?
Yes bagets, there are a lot of signs to detect a fake 1906 USPI. Below are the easier signs you must check on an original coin: 1.00 Straight top serif of the one as seen on a 1905-s straight serif must be present on an original coin. 2.00 The round knob serif of the number 9 is much larger and rounder than the round knob serif of the number 6. 3.00 The distance of the number 1 to the number 6 are 12 denticles (toothlike design on the coin's rim) apart and the number 6 must always sit on center of the 12th denticle. Other features will be discussed later on my future postings about known counterfeits to include pictures and drawings. Though be careful, there are two types of counterfeits. the usual altered date by which you can easily tell that the number 6 is oddlooking and does not coincide with the aforementioned item 3.00 feature sign of an original 1906. And secondly - the cast-in-place type by which you can't hardly tell it's a fake unless you test weigh the coin not to mention the presence of a straight top serif of its number 1. - I will be posting these two samples, I'll just prepare the pictures. Quote:
that and the 1912 is all I lack in the series and yes, that is difficult to find and expensive to acquire. Sold usually on a negotiated sale & not auctioned I agree with you Nic, My 1912 was just a mere VF condition. There was even a time that a 1912-S USPI one peso fetched at 62K US dollars having the top record on USPI's. One thing very interesting though surfaced out recently, 2 specimens of a 1907 proof One peso  Quote:
I love the large dollar size coins. :) we have the same interest Rigoletto, my collection are mostly larged size and larged denomination of its kind of coin from pillar dollars, countermarks to USPI peso coins. Seems there is a distinct feeling when you hold on of them. |
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New Member
Philippines
16 Posts |
Thank you for the above info Pandesalapi.
I will look forward in seeing your counterfeits and its difference.
It will be a learning experience for me because until now I can not distinguish fake from the original ones. I have been finding books but I can not find one that explains the counterfeits, how you will detect etc...
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Replies: 17 / Views: 20,689 |
Posted 04/13/2010 04:49 am
