The Philippines were under the sovereignty of the United States from the period of the Spanish-American war (around 1898) through soon after the end of World War II in 1946. A self-governing commonwealth was established in 1935. Coins were struck for the Philippines almost continuously from 1903-1945. They are not particularly rare, although the most commonly encountered coins are the ones from the 1940s which are quite common. They sell for around 50 cents or so and can be found in "junk" boxes quite often for 25 cents. There are a few error coins of value, but the only regular issue coin of any considerable value is the 1 peso coin of 1903-1906 which retails for around $20 in extra fine condition. Most of the rest range from $2-$10 retail. A complete type set in uncirculated should be obtainable for well under $500.
It is interesting to most people today that the Philippines was once as much a part of the United States as Puerto Rico is today. The coins were struck both in the United States (at San Francisco, Philadelphia and Denver) and in Manilla. But, as far as I know, there are no mint marks on these coins. They are an interesting reminder of a bygone age in the south Pacific. For collecting, they are attractive and interesting coins.
Following are three examples of Philippines coins minted by the U.S. Mint:
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