With the change in the monetary system in the world before WWII, the days of gold and silver coins for circulation are about to end.
In the Philippines after WWII, the circulated silver coins were from the Commonwealth period. The minting of the One Peso coin made of nickel brass for circulation in the Philippines began only in 1972.
The only silver One Peso coins minted after the independence of the Philippines were commemorative coins. But I bet "Aling Nenes Sari-Sari Store" would not complain if someone bought a kilo of rice with these coins since they are legal tender.
To know the One Peso gold and silver coins of the Philippines during the colonial period, see One Peso Gold and Silver Coins of the Philippines - Colonial Period.
So what are these One Peso Commemorative Silver Coins?
The first One Peso commemorative silver coin minted after the WWII was to commemorate the 3rd Anniversary of the Leyte Gulf Landing and Liberation of the Philippines by Gen. Douglas MacArthur. This coin also has a 50 Centavos version made of silver.
1947 One Peso and 50 Centavos Silver Coins
The succeeding One Peso silver coins commemorate the centennial birth anniversary of four prominent historical figures and two historical events in the Philippines.
1961 One Peso Commemorative Coin of Jose Rizal with a 50 Centavos silver coin version.
1963 One Peso Commemorative Coin of Andres Bonifacio.
1964 One Peso Commemorative Coin of Apolinario Mabini.
1967 One Peso Commemorative Coin to celebrate the 25th anniversary of Bataan day.
1969 One Peso Commemorative Coin of Emilio Aguinaldo
1970 One Peso Commemorative Coin for the papal visit of Pope Paul VI with a pure nickel One Peso version.
One Peso Silver Coins of the Philippines
For collectors, the 1961 to 1970 coins are for sale with a minimum price of 1000 PHP to 3000 PHP and above, depending on the condition and demand. For the 1897 UN Peso see Spanish Philippine 1897 UN Peso Coin and for the Commonwealth commemorative coins see Philippine Commemorative Coins - Commonwealth.
Interestingly, from the book "Coins, Medals and Tokens of the Philippines" by Aldo P. Basso, a U.S. dealer purchased 70000 sets of these 1961 commemorative coins and melted 42000 half pesos and 32000 pesos. Why!!!!!!!!!!!!
Alrighty!!! How about you? How is your One Peso silver coins of the Philippines collection?