1928-M U.S. Philippines, Mule 20 Centavos MS Allen-11.18, FS-901 Values

Greysheet & Red Book® Price Guide
Melt: $11.38 (0.0964 oz Silver)

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1928-M U.S. Philippines, Mule 20 Centavos MS Allen-11.18, FS-901 Values

Details

The reverse features the smaller eagle/shield and larger date typical of the five-centavo piece, rather than the normal twenty-centavo reverse. In 1907 the diameters of Philippine silver coins were reduced to decrease bullion costs. The twenty-centavo piece went from 23 mm to 20 mm, making its diameter very close to that of the five-centavo (20.5 mm). In 1928 the Manila Mint had no reverse dies for normal twenty-centavo pieces, and a reverse die for the five-centavo was put into service. This created a “mule,” as a combination of mismatched dies is known. 100,000 of the coins were minted from this single die pair. They’re valuable not necessarily because of the muling, but because of their low mintage and high collector demand.

Reverse: An eagle is portrayed in the center atop an American shield with 13 stars. UNITED STATES OF AMERICA is written around the periphery with the date at the bottom.

Basic Information

GSID:

25937

Coin Date:

1928-M

Denomination:

20c / 20 Centavos

Designation:

MS

Mint & Coinage Details

Mint Location:

Manila

Mintage:

100,000

Coinage Type:

U.S. Philippines Coinage

Coinage Years:

1907-1929

Composition:

Silver

Mint Mark:

M

Varieties and Classification

Variety:

U.S. Philippines, Mule

Variety 2:

Allen-11.18, FS-901

Physical Characteristics

Fineness:

0.75

Weight:

4 gr

Weight:

0.14 oz

Precious Metal Weight:

0.0964 oz

Strike Type:

Business

Diameter:

20 mm

Coin Shape:

Round

Design Details

Designer:

Melico Figueroa

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