elf Philippines USA 1 Peso 1907 S Silver San Francisco Mint

Description

KM 172, six year type, issued while the islands were under U. S. control. Silver crown, with the U. S. shield on the reverse.
Most of the US-era silver coinage of the islands shows significant signs of cleaning. In 1942, when Japanese forces were in the process of conquering the islands, all the gold and silver coins were called into Manila. The gold and some of the silver bullion was sent to the mainland USA via submarine. The vast majority of the silver coins were sunk into Manila Bay in crates. During the Japanese occupation, prisoner divers were forced to recover some of the silver, but the divers did their best to prevent the Japanese from recovering the treasure, and much of it was not recovered until nearly 30 years later.
For these coins, cleaning and water salvage is a reminder of the efforts of resistance against invading forces.
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