Five Centavos, Proof (1903–1908)

The Greysheet Catalog (GSID) of the Five Centavos, Proof (1903–1908) series of U.S. Philippines in the U.S. Coins contains 5 distinct entries with CPG® values between $100.00 and $3,150.00.

Like other coins in this category, dates of this denomination were struck at both mints on U.S. soil and in the Philippines itself. Production of this nickel coinage was sporadic; like all others, business strikes were first produced in 1903 and then again in 1904, but after that there was a twelve year gap, with the next circulation strikes being made in 1916. The Proof format of this denomination was short-lived, bring struck in only four years, with the final three years being Proof-only dates, made for inclusion in sets. The key coin in this series is the 1918-S Mule, in which workers at the San Francisco Mint mistakenly used a reverse die of the silver 20 Centavos denomination in the striking of the 5 Centavos. The finest examples of this variety have brought north of $30,000.