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The Philippines 1 Peso 1964, designated KM#194 in the Krause catalog, is a notable coin that celebrates the legacy of Apolinario Mabini, a significant figure in Philippine history. Mabini, often referred to as the "Sublime Paralytic," was a prominent statesman, revolutionary leader, and the first Prime Minister of the Philippines. His contributions to the country's fight for independence from Spanish colonial rule and his role in the Philippine-American War solidified his status as a national hero. The issuance of this coin reflects the Philippines' ongoing recognition of his enduring legacy and contributions to the nation's history.
Minted in 1964, this coin is part of a series that highlights important historical figures and events in the Philippines. The coin features a composition of 75% copper and 25% nickel, giving it durability while maintaining a classic aesthetic that collectors and historians appreciate. The diameter of the coin is 30 mm, making it a substantial piece that fits comfortably in the hand, and the coin is characterized by its clear details and high-quality finish, as indicated by its "UNC" designation, which stands for Uncirculated.
The obverse of the 1 Peso coin prominently displays the bust of Apolinario Mabini. His likeness is rendered in a detailed and dignified manner, with the inscription "APOLINARIO MABINI" arching above his image. Below, the year of minting, "1964," is inscribed, along with the word "PESO." The design encapsulates Mabini's serious demeanor, reflecting his commitment to the causes he championed. The overall presentation on the obverse is both respectful and historically significant, serving to educate the public about this important figure in Philippine history.
On the reverse side of the coin, the national emblem of the Philippines is featured prominently. The emblem showcases a shield that includes a sun and stars, symbolizing freedom and independence. The design is encircled by the words "REPUBLIKA NG PILIPINAS," which translates to "Republic of the Philippines." This imagery connects the coin to the broader themes of nationalism and the struggle for independence that characterized the Philippines' history in the late 19th and early 20th centuries. The reverse design complements the obverse, creating a cohesive representation of the nation’s identity and values.
The mintage of the 1964 1 Peso coin is significant, as it was produced during a time when the Philippines was experiencing economic growth and increasing national pride following independence from colonial rule. The exact mintage figures for this specific coin are not easily accessible, but it is known that coins commemorating national heroes like Mabini typically had higher production numbers to ensure their availability to the public. As a result, the coin is relatively common in uncirculated condition, making it a popular choice for both collectors and investors.
As a part of the broader context of Philippine numismatics, the 1964 1 Peso coin stands out not just for its design and historical significance but also for its representation of the values and aspirations of the Filipino people. Collectors often seek out this coin not only for its monetary value but also for its connection to a pivotal moment in Philippine history. The coin serves as a reminder of Mabini’s contributions to the country's independence and the ongoing pursuit of national identity.
The condition of this coin, being classified as UNC, indicates that it has been preserved in a state free from significant wear and tear. Such coins are often kept in protective holders to maintain their quality. The lustrous surface and pristine details make it a highly desirable item for collectors, especially those focusing on commemorative pieces or historical coins from the Philippines.
In summary, the Philippines 1 Peso 1964 KM#194 is not merely a piece of currency; it is a significant historical artifact that embodies the legacy of Apolinario Mabini. Its design, featuring the revered statesman on the obverse and the national emblem on the reverse, tells a story of resilience, independence, and national pride. As a collectible item, it holds value both monetarily and historically, making it a cherished addition to any collection that focuses on Philippine history or the broader realm of world coins.