Philippines Silver 1 Peso 1936 Roosevelt - Quezon Sea Salvaged

Description

Philippines Silver 1 Peso 1936 Roosevelt - Quezon  Sea Salvaged
When Japan invaded the Philippines the contents of the Philippine Treasury was moved from Manila to the Island fortress of Corregidor. During the winter and early spring of 1942 U.S. submarines, outward bound on war patrols from their base at Pearl Harbor, Hawaii, ran the Japanese naval blockade to bring in much needed ammunition and supplies for the American and Philippine defenders. Slipping into Corregidor under cover of darkness they would unload their precious supplies and fill their ballast tanks and storage spaces with the gold and silver reserves of the Commonwealth of the Philippines. After completing their war patrols the subs offloaded the gold and silver rescued from the Philippines at Pearl Harbor. From there it was transferred to the U.S. mainland where it was kept in safe keeping until the end of the war.
When it became apparent that Corregidor was about to fall the remaining silver coins, including many of the ill fated 1936 commemoratives, were crated and thrown into the sea near Corregidor to avoid their seizure by the Japanese. Since the war many of these coins have been salvaged however these sea salvaged coins are typically heavily corroded from their long immersion in salt water.
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