1947-S Philippine Islands Peso and 50 Centavo
Philippine Islands one Peso and 50 Centavos.
Designed by Laura Fraser, an artist from Chicago who won a competition for designing the obverse of the 1932 Washington Quarter. Her design was not used for the quarter but is the Obverse of the 1999 $5 gold coin.
General MacArthur promised to return to retake the Philippines from the Japanese and achieved this promise on October 20th, 1944. He was the “Defender and Liberator” of the Philippines.