One in excellent condition sold for $41,125 in 2014. When the U.S. began producing Philippine coins, it made them with the same silver quantity as an American silver coin called the Morgan.

WASHINGTON, Nov. 5. -- The Director of the Mint to-day purchased 179,000 ounces of silver on account of Philippine coinage at an average of 59.111 cents an ounce. This purchase was for the purpose ...