1964 Philippines 50 Fifty Centavos (2 Coins) Copper-Zinc-Nickel (one High Grade)

Description

1964 Philippine 50 Centavos Struck at the United States’ Philadelphia mint in 1958-66 for the Philippines. This type was accompanied by one, ten, twenty-five and fifty centavos which used the old commonwealth designs but were struck in base metal.
OBVERSE: Shield of Arms
REVERSE: Lady Standing Wearing Flowing Dress, Right Hand Holding Hammer on Anvil, Active Volcano (MT. Mayon)
on right,
Date Below
DIAMETER: 30MMEDGE: ReededExact Coin, Please See Coin For Grading and Overall Condition.
First 12 Years As a Republic; Almost No Coins:  Once the Philippines was now its own independent nation and no longer a Commonwealth or Territory, yet another symbol would come to serve as their national Coat of Arms. The first appearance of this new Coat of Arms on a coin would come the very next year.  In 1947 a pair of MacArthur commemorative s were minted in San Francisco, namely the 50 Centavos and 1 Peso. These coins were only struck for collectors, but in large numbers, and are quite commonly found today.  For the next more than a decade however, no new coins were struck for the Philippines for use in commerce. The vast number of coins struck in the closing years of the Commonwealth era served well for quite some time, the base metal coins continuing to circulate widely well into the 1960s, though the silver denominations had pretty much disappeared from circulation by that time. But once the Philippines became its own nation, the ratio of two Pesos to one US Dollar was very quickly abandoned and inflation quickly became a problem. Starting in 1949 once the Bank of the Philippines was officially chartered, fractional paper notes, in a smaller size and denominations of 5, 10, 20, and 50 Centavos were printed, alongside the higher denomination notes. In circulation these tended to wear out quickly and time came that coins would again be issued for the Philippines. This was not the first introduction of paper fractional notes, since during World War II the invading Japanese also printed fractional currency notes for the Philippines, as did several of the hidden native sources of the Philippine Guerilla currency.  The Introduction and Rise of the So-Called English Series, Struck in the US:  In 1958, the new Philippine coinage would at last be unveiled, still retaining the original seated man and standing woman designs of Melecio Figueroa as originally issued in 1903 for one side (but now with the date on that side), and the Philippines government Coat of Arms on the reverse.  While 20 million 1 Centavo coins and 10 million 5 Centavo coins were struck in that first year, only 1 thousand of each of 10, 25, and 50 Centavos were struck, with perhaps some small percentage of those being proofs. This effectively ended the 20 Centavos denomination, as a new 25 Centavos denomination took its place and has done so ever since. These new coins were all minted in the same sizes as their US American equivalent denominations, but only the 1 Centavo in the same alloy as the American 1 Cent. The 5 Centavos was issued in bright yellow brass, and the 10 through 50 Centavos denominations were issued in copper-nickel, and through 1963, all of these coins were struck at the Philadelphia mint.