What is the value of a 1908 US peso?

20,955,000 1 Peso coins were produced (at the San Francisco, California mint) for the Philippines in 1908 (KM#172). The coin, which has a female standing beside hammer and anvil on the obverse (front) and an eagle above a stars and striped shield on the reverse (back), is 80% silver and has an ASW ("Actual Silver Weight") of 0.5144 troy ounces. At current silver prices ($19.05 per troy ounce as of December 3, 2009), the coin's "melt value" is $9.80.

From a numismatic standpoint, an example is worth (according to the 2009 Standard Catalog of World Coins) US$9.50 in Fine condition, US$10.00 in Very Fine condition, US$13.00 in Extremely Fine condition, US$75.00 in Uncirculated condition, and US$140.00 in Brilliant Uncirculated condition. The 500 Proof examples produced are valued at US$500.00 each.