1 Peso - Isabella II

This small gold issue belongs to the final decade of Spanish colonial coinage in the Philippines struck under Isabella II, whose reign ended with her forced abdication following the Glorious Revolution of 1868 — the same year this type ceased production. Manila's Casa de Moneda, established in 1857 specifically to supply the archipelago with locally-minted specie, produced these in quantities far below metropolitan Spanish issues, and surviving examples in any condition above heavily circulated are genuinely scarce. The colonial Philippine monetary system during this period was perpetually undersupplied relative to commercial demand driven by the Manila galleon's successor trade networks.