1918-S 5 Centavo Mule
January 09, 2009 - Stack's, a New York based Numismatic & Antiquities dealer conducted an auction that included United States & Philippine coins belonging to the Golden Horn Collection. The Golden Horn Collection is composed of magnificent coins from the Ancient Civilization such as Greece and Rome, Medieval & Imperial Russia, Danzig & Polish Ducats, German States Talers, English Medieval & Imperial crowns, Irish coins, Italian & Liechtenstein, Spanish Netherlands, Swedish, Turkish & Ottoman Empire, India Mughal, Iran, Imperial Japan, Vietnam, Bermuda, Spanish South American crowns, Canada and its territories, Austria, and of course United States & Philippine coinage.
Among the highlights of the Philippine lots are die trials and splasher from the Marcos period, particularly medals and coins designed and created by JJ Tupaz of "El Oro" for some special occasions for President Ferdinand Marcos himself.
Other medals from the Commonwealth period were also featured such as Carnival medals and other medals for commemorative purposes.
Some of the sought after coins such as the proof set of 1908 minted in Philadelphia, the last proof set issued from the United States and Philippine coinage made a rare appearance and was realized for $2750, a thousand dollars more than the previous estimate of $1750. A rare 1882 Four peso Gold coin of Alfonso XII in almost uncirculated condition, the only gold coin in the lot from the Philippines was also offered at an estimate of $1000 - $1200 but later hammered to $2200.
A 1918-S 5 centavo mule, the finest of its kind and one of the rarest error and variety among the United States and Philippine coins also made a rare appearance. Estimated at $16000, it is the highest price among the lots offered belong to the Philippines lot.
5 Centavos-20 Centavos Mule, 1918-S. San Francisco. This historic coin presents the correct Copper-nickel 5 Centavos obverse with Figueroa's seated worker at the anvil with the Mayón Volcano in the background. The reverse is that of the Silver 20 Centavos, identified by its substantially broader U.S. shield and small date. This is the second Mule of this era of island coinage, made possibly by the similarity in size of large-diameter five Centavos and the reduced diameter 20 Centavos. Dies were interchanged and eluded the notice of most of the coin-using public, though collectors picked up on the phenomenon by 1922. This example shows no trace of rub on the leg, and is boldly struck at the centers with just a hint of weakness in the edge beading. Lustrous and reflective surfaces are enriched by a wisp of pale blue and tawny gold coalescing at the rims. Here is one of the finest existing examples of this desirable Philippine mule. MS-61 (PCGS). (16,000-20,000) - Lot description
The 1915-S One Centavos, graded by PCGS as MS-64 which is also from the same series of coins was sold for $1600, the highest prize realized for a bronze Philippine coin on the auction. - Images courtesy of Stack's