The value of a 1907 Philippine peso coin can vary greatly depending on its condition (grade) and the presence or absence of a mint mark.
Here’s a breakdown:
- 1907-S Philippine Peso (with “S” mint mark):
– This is the more common variety, minted in San Francisco.
– Its value typically ranges from around $34.00 to $37,000 for Mint State (MS) examples, depending on the specific grade within that range.
– An AU-58 (About Uncirculated) example might be estimated between $100 and $200 . However, auction results show AU-58 coins selling for $168.00.
– Examples in Mint State (MS) can fetch significantly higher prices, with some reaching thousands of dollars. For instance, an MS-66 coin sold for $15,600 at auction in 2019. Estimated values for graded coins range from $35 for VF30 to $27,500 for MS67.
– The melt value of a 1907-S silver peso (0.5144 oz. ASW) is approximately $19.52 , based on a silver spot price of $38.44 per ounce as of August 12, 2025.
- 1907 Philippine Peso (without mint mark):
– This is an extremely rare and valuable coin, with only about two known examples.
– These coins are all proof strikes and are worth significantly more than the 1907-S variety.
– A unique 80% silver example sold for $193,875 in 2012.
– It is important to note that the mint mark is located below the date on the left.
- Grade: The condition of the coin, as graded by a professional grading service like PCGS or NGC, is the most crucial factor determining value. Higher grades (e.g., MS65, MS66) command substantially higher prices.
- Mint Mark: The presence or absence of the “S” mint mark drastically impacts the value, with coins lacking the mint mark being extremely rare and valuable.
- Rarity: Coins with lower mintages or unique characteristics tend to be more valuable to collectors.
Therefore, if you have a 1907 Philippine peso, it is strongly recommended to have it professionally graded to determine its accurate value.
How much is a 1907 Philippine peso worth?
Estimate: $100 – $200.
What is the rarest Philippine peso coin?
Among the rarest coins in the U.S. Philippines series from the collectors’ standpoint are the 1906-S One Peso, the 1916-S Five Centavos, the 1918-S Five Centavo Mule, the 1903-S Twenty Centavos (especially in Mint State) and the 1915-S One Centavo.
Why is the 1906 coin so expensive in the Philippines?
I can help with that. The US-Philippine series has the distinction of having two countries featured in its coins. Thus, the series is sought after by collectors from both sides of the Pacific Ocean. The 1906 S has a mintage of 201,000. After the great coin melt of 1905, and after 113 years, only about 250 remain in existence.