Why Are US-Philippines Pesos Worth So Much? The Philippines became a U.S. colony in 1898. The U.S. Mint in Philadelphia began producing these coins soon after, in 1903.

When the Philippines was granted commonwealth status and then independence, the back side of the coin was revised. For more information on the Albuquerque Coin Club, click here.

1918-S Allen-4.08b Mule In coin collecting, errors often add value through scarcity. A mint makes a mistake in production, creating coins that don’t feature the right front and back images.

The front of the coins featured a design depicting Philippine culture and the back had an eagle shield with the words “United States of America.” The U.S. established a mint in Manilla in 1920.

Have you checked your pile of change recently? If you’re lucky, it may contain a rare or valuable coin. Who knows? You could even find a U.S.-Philippines coin, which can be worth up to $1 ...