|This is a beautiful example of the 1936-M U.S.-Philippines Roosevelt-Quezon Commemorative Peso which has been graded MS64 by PCGS. This commemorative issue was minted by the U.S. Mint in Manila and has an ultra-low original mintage of only 10,000 coins, many of which were unsold pieces that were intentionally dumped into Manila Bay when the Japanese invaded the Philippines in 1942. The coin features the dual portraits of Manuel Quezon, the first President of the Commonwealth of the Philippines, and Franklin D. Roosevelt, the then-current President of the United States. This coin is very well-struck and has tremendous mint luster. The mint luster is further enhanced by slightly proof-like fields which show some light die polish lines. The coin has so much flash that it almost looks wet when viewed in hand. Typical examples of this commemorative in this grade range are often flat looking with a satin finish appearance and are relatively boring. The overall look of this coin is what you would expect on an example grading a couple of points higher. There are a couple of light hits on the obverse, but they are very minor. The reverse has a couple of slightly larger hits, but are still quite minor for the given grade. A small area of toning is also present near the eagle’s head on the reverse. In short, this coin has tons of eye appeal and is certainly not your typical MS64 example of this commemorative Peso.