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Philippines – Liberation of the Philippines from the Japanese by Gen. Douglas MacArthur Commemorative issue
1947 S Silver Peso 35mm (19.93 grams) 0.900 Silver (0.5787 oz. ASW)
Reference: KM# 185, Schön# 23
Certification: NGC
MS 65+ 2864211-009
DEFENDER AND LIBERATOR OF THE PHILIPPINES GEN DOUGLAS MACARTHUR OCT • 20 • 1944, Bust of US General Macarthur facing three-quarters right.
PHILIPPINES 1947 ONE PESO S, Coat-of-arms.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Douglas MacArthur (26 January 1880 – 5 April 1964) was an American five-star general and Field Marshal of the Philippine Army. He was Chief of Staff of the United States Army during the 1930s and played a prominent role in the Pacific theater during World War II. He received the Medal of Honor for his service in the Philippines Campaign, which made him and his father Arthur MacArthur Jr. the first father and son to be awarded the medal. He was one of only five to rise to the rank of General of the Army in the US Army, and the only one conferred the rank of field marshal in the Philippine Army.
Raised in a military family in the American Old West, MacArthur was valedictorian at the West Texas Military Academy, and First Captain at the United States Military Academy at West Point, where he graduated top of the class of 1903. During the 1914 United States occupation of Veracruz, he conducted a reconnaissance mission, for which he was nominated for the Medal of Honor. In 1917, he was promoted from major to colonel and became chief of staff of the 42nd (Rainbow) Division. In the fighting on the Western Front during World War I, he rose to the rank of brigadier general, was again nominated for a Medal of Honor, and was awarded the Distinguished Service Cross twice and the Silver Star seven times.
From 1919 to 1922, MacArthur served as Superintendent of the U.S. Military Academy at West Point, where he attempted a series of reforms. His next assignment was in the Philippines, where in 1924 he was instrumental in quelling the Philippine Scout Mutiny. In 1925, he became the Army’s youngest major general. He served on the court martial of Brigadier General Billy Mitchell and was president of the American Olympic Committee during the 1928 Summer Olympics in Amsterdam. In 1930, he became Chief of Staff of the United States Army. As such, he was involved in the expulsion of the Bonus Army protesters from Washington, D.C. in 1932, and the establishment and organization of the Civilian Conservation Corps. He retired from the US Army in 1937 to become Military Advisor to the Commonwealth Government of the Philippines.
MacArthur was recalled to active duty in 1941 as commander of United States Army Forces in the Far East. A series of disasters followed, starting with the destruction of his air forces on 8 December 1941, and the invasion of the Philippines by the Japanese. MacArthur’s forces were soon compelled to withdraw to Bataan, where they held out until May 1942. In March 1942, MacArthur, his family and his staff left nearby Corregidor Island in PT boats and escaped to Australia, where MacArthur became Supreme Commander, Southwest Pacific Area. Upon his arrival, MacArthur gave a speech in which he famously promised “I shall return” to the Philippines. After more than two years of fighting in the Pacific, he fulfilled that promise. For his defense of the Philippines, MacArthur was awarded the Medal of Honor. He officially accepted Japan’s surrender on 2 September 1945 aboard USS Missouri anchored in Tokyo Bay, and oversaw the occupation of Japan from 1945 to 1951. As the effective ruler of Japan, he oversaw sweeping economic, political and social changes. He led the United Nations Command in the Korean War with initial success; however, the controversial invasion of North Korea provoked Chinese intervention. Following a series of major defeats he was removed from command by President Harry S. Truman on 11 April 1951. He later became chairman of the board of Remington Rand.
 The Philippines, officially known as the Republic of the Philippines (Filipino: Republika ng Pilipinas), is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It consists of about 7,641 islands that are categorized broadly under three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. The capital city of the Philippines is Manila and the most populous city is Quezon City, both part of Metro Manila.
 The Philippines’ location on the Pacific Ring of Fire and close to the equator makes the Philippines prone to earthquakes and typhoons, but also endows it with abundant natural resources and some of the world’s greatest biodiversity. The Philippines has an area of approximately 300,000 square kilometers (115,831 sq mi), and a population of more than 100 million with faster growth than any other east Asian country. It is the seventh-most populated country in Asia and the 12th most populated country in the world. An additional 12 million Filipinos live overseas, comprising one of the world’s largest diasporas. Multiple ethnicities and cultures are found throughout the islands. In prehistoric times, Negritos were some of the archipelago’s earliest inhabitants. They were followed by successive waves of Austronesian peoples. Exchanges with Chinese, Malay, Indian, and Islamic states occurred. Then, various nations were established under the rule of Datus, Rajahs, Sultans or Lakans.
 The arrival of Ferdinand Magellan in Homonhon, Eastern Samar in 1521 marked the beginning of Hispanic colonization. In 1543, Spanish explorer Ruy López de Villalobos named the archipelago Las Islas Filipinas in honor of Philip II of Spain. With the arrival of Miguel López de Legazpi from Mexico City, in 1565, the first Hispanic settlement in the archipelago was established. The Philippines became part of the Spanish Empire for more than 300 years. This resulted in Roman Catholicism becoming the dominant religion. During this time, Manila became the western hub of the trans-Pacific trade connecting Asia with Acapulco in the Americas using Manila galleons.
As the 19th century gave way to the 20th, there followed in quick succession the Philippine Revolution, which spawned the short-lived First Philippine Republic, followed by the bloody Philippne-American War of conquest by US military force. Aside from the period of Japanese occupation, the United States retained sovereignty over the islands until after World War II, when the Philippines was recognized as an independent nation. Since then, the Philippines has often had a tumultuous experience with democracy, which included the overthrow of a dictatorship by a non-violent revolution.
The nation’s large population and economic potential have led it to be classified as a middle power. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit. It also hosts the headquarters of the Asian Development Bank. The Philippines is considered to be an emerging market and a newly industrialized country, which has an economy transitioning from being one based on agriculture to one based more on services and manufacturing.
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