This is a very nice 1 centavo from 1925; it was minted at the Manila mint. The Philippines was under United States Administration at this time. Obverse has the familiar man seated beside hammer and anvil, reverse has eagle with wings open above shield. Edge is smooth. 

I would grade this coin about uncirculated to uncirculated. It still shows traces of red on both sides. 

Please view the photos to see for yourself.

I have also listed other coins from the Philippines.