Today's Stack's Bowers auction had a number of very nice USA-Philippines coins including a 1905 NGC PF63 Peso that I was bidding on.

The 1905 Peso is a PROOF ONLY ISSUE with a mintage of only 471 coins making it the lowest mintage USA-Philippines Peso. The specimen that I was bidding on, Lot # 40716, had very attractive toning and was graded NGC PF63.

The Allen catalog price for a 1905 Peso in PF63 is $1100.00. Going into the auction my internet pre-bid of $900.00 ($1057.50 with buyer's premium) was the high bid so I thought that I had a reasonable chance of taking home this coin.

When the lot came up for live bidding I was nosed out by a floor bidder who bid $950.00 ($1116.25 with buyer's premium).

Too bad it would have been a nice addition to my collection.

The attached Photo is the Stack's Bowers auction catalog photo of the one that got away.

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