section eight of the same Act. SECTION  1769 . Weight and Fineness of Silver Coins . — The weight and fineness of the silver coins of the Philippine Islands hereafter coined shall be as follows. The peso shall contain twenty grams of silver eight hundred thousandths fine. TaDAIS The fifty-centavo piece shall contain ten grams of silver seven hundred and fifty thousandths fine. The twenty-centavo piece shall contain four grams of silver seven hundred and fifty thousandths fine. The ten-centavo piece shall contain two grams of silver seven hundred and fifty thousandths fine. The alloy of the above-mentioned coins shall be copper. [1564-1.] SECTION  1770 . Unit of Monetary Value in Philippine Islands . — The unit of value in the Philippine Islands shall be the gold peso consisting of twelve and nine-tenths grains of gold, nine-tenths fine; and gold coins of the United States at the rate of one d ollar for two pesos shall be legal tender for all debts, public and private. TaDAIS [Act of Cong., Mar. 2, 1903, sec. 1.] SECTION  1771 . Legal Tender Character of Philippine Coins . — The Philippine silver peso shall be a legal tender for all debts, public and private, unless otherwise specially provided by contract. Philippine silver subsidiary coins shall be legal tender in a mounts not exceeding twenty pesos. The Philippine minor coins of nickel and copper shall be legal tender in amounts not exceeding two pesos. [Act of Cong., July 1, 1902, sec. 79; Act of Cong., Mar. 2, 1903, secs. 3, 5.] SECTION  1772 . Receivability of Silver Certificates . — Silver certificates shall be receivable for customs, taxes, and for all public dues in the Philippine Islands, and when so received may be reissued, and when held by any banking association in said Isla nds may be counted as part of its lawful reserve. TaDAIS Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 527