High Grade 1906 Proof 50 Centavos of Philippines
Amongst a little run of 25 coin lots from the Philippines in tonights Heritage World Coin Auction are 19 scarce and desireable U.S. Administration proof issues. Many of these are very low mintage strikes, so careful numismatic students of Philippines coinage are sure to be watching and waiting to win a few items for their collections.
One of the standouts from this grouping is a gorgeous 1906 50 Centavos which has been graded PR-68 by NGC. This date had a mintage of just 500 pieces, which is not the lowest for Philippines coins of this era, but the grade is surely one of the highest, making this coin a real prize. Statring bid was $4,000 and as of this posting the website bid on Heritage was at $4,250. Expect it to climb a bit higher before finding it's new home.