Tuesday, 5 May 2015

PHILIPPINES PESO COINS

 Philippine Peso Coins

Philippine peso coins are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines and are currently available in seven denominations.

History

Both Spain and the United States struck coins for the Philippines while the latter was their colony. Spanish issues were 1 peso, 2 pesos and 4 pesos (all gold from 1861–1868 and again in 1880-1885). Silver fractional coinage ran from 1864–1868 and again from 1880–1885 and were in the denominations of ten centavo, twenty centavo and fifty centavo.
The United States also struck coins for use in the Philippines from 1903 to 1945. Denominations included the ½ centavo, one centavo, five centavo, 10 centavo, 20 centavo, 50 centavo, and one peso. The ½ and 1 centavo coins were struck in bronze, the 5 centavo struck in Copper (75%)- Nickel(25%), the 10, 20, 50 centavo and peso coins were struck in a silver composition. From 1903 to 1906, the silver coins had a silver content of 90%, while those struck after 1906 had a reduced silver content of 75% for 10 through 50 centavos and 80% for the peso. In both cases the silver was alloyed with copper.
The obverse of these coins remained largely unchanged during the years 1903 to 1945. The ½ centavo, one centavo, and five centavo coins depict a Filipino man kneeling against an anvil, with a hammer resting at his side. He is on the left side (foreground), while on the right side (background) there is a simmering volcano, Mt. Mayon, topped with smoke rings. This figure is an allegory for the hard work being done by the native peoples of the Philippines in building their own future.
The obverse of the 10, 20, 50 centavo, and peso coins are similar, but they show the figure of Liberty, a standing female figure (considered by many to be the daughter of the designer 'Blanca') in the act of striking the anvil with a hammer. This was done to show the work being done by Americans in building a better Philippines. Liberty appears on the silver coins, instead of the base metal coins.
The reverse of the coins comes in two varieties. The earliest coins were minted when the islands were a US Territory, and they bear the arms of the US Territories. This is a broad winged eagle, sitting atop a shield divided into two registers. The upper register has 13 stars, and the lower register has 13 vertical stripes. The date appears at the bottom, and "United States of America" appears at the top.
When the islands became a US Commonwealth, the arms of the Commonwealth were adopted. This seal is composed of a much smaller eagle with its wings pointed up, perched over a shield with peaked corners, above a scroll reading "Commonwealth of the Philippines". It is a much busier pattern, and widely considered less attractive.
Coins were minted at the Philadelphia, San Francisco, Denver, and (after it was opened in 1920) Manila mints. Most of the coins struck at the Manila mint occurred after 1925.
Proof sets were struck for collectors from 1903 to 1908. It is likely that a large majority of these sets remained unsold at the time they were issued. The recorded mintage for sets in 1905, 1906, and 1908 is a modest 500.
Defenders of Corregidor threw a large number of silver coins into the ocean, rather than allow the Japanese to accumulate this wealth. A great deal of the booty was later recovered, but many of those were badly corroded.
Among the rarest coins in the U.S. Philippines series from the collectors' standpoint are the 1906-S One Peso, the 1916-S Five Centavos, the 1918-S Five Centavo Mule, the 1903-S Twenty Centavos (especially in Mint State) and the 1915-S One Centavo.
Three Commemorative coins were minted to celebrate the Commonwealth in 1936. They show President Franklin D. Roosevelt, Commonwealth President Manuel L. Quezon and U.S. High Commissioner Frank Murphy, who also has served as the last Governor General of the Islands. The 50 Centavo commemorative has a reported mintage of 20,000 pieces, was struck in 75% silver, and weighs 10 grams (the same specifications as other 50 centavos). The two varieties of One Peso commemorative had reported mintages of 10,000 pieces. They weigh 20 grams, and are 90% silver.
After the granting of independence to the Philippines in 1946, no coins were minted for the Philippine Republic until 1958, other than a small silver commemorative issue in 1947 to honor General Douglas MacArthur. Totals of 200,000 50 centavos and 100,000 one peso coins were minted with the general's image on the obverse and the national coat-of-arms on the reverse. Struck at the San Francisco Mint, they carry the "S" mintmark below the date.
In 1958, the 20 centavos was replaced with a 25 centavos and all coins were resized to be the same diameter as their US equivalents, albeit in more base metals, other than the centavo. The same seated man with anvil and volcano or standing liberty with anvil and volcano designs were retained for the obverses while the seal of the Central Bank of the Philippines dominated the reverse. These coins were minted by the Philadelphia Mint from 1958 through 1963, and then by the Royal Mint in England and the Vereinigte Deutsche Metallweke in West Germany in 1965 (dated 1964) and 1966. In view of all subsequent issues using the Tagalog language, this coinage is often referred to as the "English Series" since it uses the English language.
The next series was introduced in 1967, introducing images of various Philippine national heroes, and the use of the Tagalog (or "Pilipino") language, hence being called the "Pilipino Series." The sizes of the coins were reduced. These coins were struck by the various US mints, except for some 50 centavos pieces dated 1972 which were minted in Singapore, and a couple commemorative issues struck by the Sherritt Mint in Canada. In 1972 the one peso denomination was reintroduced.
In commemoration of Fedinand Marcos' declaration of Martial Law (which he titled "Ang Bagong Lipunan," the new society), a new series of coinage was issued in 1975, referred to as the Ang Bagong Lipunan Series. The 50 sentimo was done away with as a denomination and a new 5 peso issue took its place. A variety of mints provided these coins, including the Royal Mint in England and the Vereinigte Deutsche Metallweke in West Germany, Philadelphia and San Francisco mints in the US, the Franklin Mint (a private mint also in the US), the Sherritt Mint in Canada, and finally the Philippine's own mint, once it was opened and able to produce coinage. From this point on, the Philippine Mint (Bangko Sentral Pilipinas, "BSP") produced nearly all Philippine coinage.
After eight years, the Ang Bagong Lipunan series gave way to a new series titled the Flora and Fauna Series, in which the coins, in addition to featuring various Philippine national heroes as before, also began featuring various plant and animal life forms native to the Philippines. The 50 Sentimo and 2 Piso denominations were reintroduced, which latter had not been struck as a coin since the Spanish had struck it in gold. The 5 Piso denomination was stopped, but resumed (in a new smaller size) concurrent to the final four years of the Flora and Fauna Series which featured reduced sizes for all denominations. The Flora and Fauna Series was struck from 1983 through 1994.
In 1995 the New BSP Series was introduced, which remains the current coinage of the Philippines. Only this current series of coins are legal tender as of January 2, 1998, when the Bangko Sentral ng Pilipinas issued BSP Circular No. 81 which called for the demonetization of all previous existing Central Bank coins minted before 1995.
Recently, fake 10- and 5-piso coins dating 2001 and 2002 have entered circulation. Because of this, the Bangko Sentral ng Pilipinas issued a warning and several security measures on importing and falsifying Philippine coins. And it is because the BSP has announced that there is an artificial shortage of coins last June 2006. The BSP has asked the public to use all small coins or to have them exchanged for banknotes in local banks or other financial institution.
In December 2008 a Philippine Congress resolution called for the retirement and demonetization of all coins less than 1 Piso.

Formerly circulating coins

The Philippines under U.S. Sovereignty

The Philippines under U.S. Sovereignty (1898–1935)

Face ValueTechnical parametersDescriptionTotal MintageYears of Issue  


DiameterThicknessMassCompositionEdgeObverseReverse
1/2 centavo17.5 mmBronzePlainFigure of a man seated beside an anvil holding a hammer and Mt. Mayon, year of mintingdes.12,084,000
5,654,000
471
500
500
1903
1904
1905
1906
1908
1 centavo24 mmBronzePlainFigure of a man seated beside an anvil holding a hammer and Mt. Mayon, year of mintingdes.10,790,000
17,040,400
10,000,000
500
500
2,187,000
1,737,612
2,700,000
4,803,000
3,001,000
5,000,000
5,000,500
2,500,000
4,330,000
7,070,000
11,660,000
4,540,000
2,500,000
3,552,259
7,282,673
3,519,100
9,325,000
9,000,000
9,279,000
9,150,000
5,657,161
5,577,000
5,659,355
4,000,000
8,392,692
3,179,000
17,455,463
1903
1904
1905
1906
1908
1908 S
1909 S
1910 S
1911 S
1912 S
1913 S
1914 S
1915 S
1916 S
1917 S
1918 S
1919 S
1920 S
1920
1921
1922
1925 M
1926 M
1927 M
1928 M
1929 M
1930 M
1931 M
1932 M
1933 M
1934 M
1936 M
5 centavos20.5 mm (1903–1928) 19 mm (1930–1935)Copper-NickelPlainFigure of a man seated beside an anvil holding a hammer and Mt. Mayon, year of mintingdes.yyyy1903
1904
1905
1906
1908
1916 S
1917 S
1918 S
1919 S
1920
1921
1925 M
1926 M
1927 M
1928 M
1929 M
1930 M
1931 M
1932 M
1933 M
1934 M
1935 M
10 centavos17.5 mm (1903–1906) 16.5 mm (1907–1935)75% SilverReededLady Liberty striking an anvil with a hammer and Mt. Mayon, year of mintingdes.yyyy1903
1903 S
1904
1904 S
1905
1906
1907
1907 S
1908
1908 S
1909 S
1911 S
1912 S
1913 S
1914 S
1915 S
1916 S
1917 S
1918 S
1919 S
1920
1921
1929 M
1935 M
20 centavos23 mm (1903–1906) 20 mm (1907–1929)##yyyy1903
1903 S
1904
1904 S
1905
1905 S
1906
1907
1907 S
1908
1908 S
1909 S
1910 S
1911 S
1912 S
1913 S
1914 S
1915 S
1916 S
1917 S
1918 S
1919 S
1920
1921
1928 M
1929 M
50 centavos30 mm (1903–1906) 27 mm (1907–1921)##yyyy1903
1903 S
1903 S
1904
1904 S
1905
1905 S
1906
1907
1907 S
1908
1908 S
1909 S
1917 S
1918 S
1919 S
1920
1921
1 Peso38 mm (1903–1906) 35 mm (1907–1912)##yyyy1903
1903 S
1904
1904 S
1905
1905 S
1906
1906 S
1907 S
1908
1908 S
1909 S
1910 S
1911 S
1912 S

Commonwealth Issues

In 1935 when the Commonwealth was established by the Congress of the United States, they issued a three-piece commemorative set (that sold very poorly) to commemorate the occasion. In 1937 the Commonwealth Arms were adapted to all circulating coinage. (Mints M Manila, D Denver, S San Francisco, no mint mark Philadelphia)
Commonwealth Issues

Face ValueTechnical parametersDescriptionTotal MintageYears of Issue  


DiameterThicknessMassCompositionEdgeObverseReverse
1 centavo24  mm# mm# gBronzePlainThe figure of an adolescent native, seated at an anvil and holding a hammer in his right hand.
In the distance is seen the smoking volcano of Mt. Mayon, located on the main island of Luzon.
The statement of value appears above him (One, and/or Five Centavos)in English,
while the name of the archipelago is written below in Spanish asFILIPINAS.
The coat of arms of the Commonwealth of the Philippines. Around this appeared the legend UNITED STATES OF AMERICA, the mint mark, and the date of coinage.15,790,492
10,000,000
6,500,000
4,000,000
5,000,000
58,000,000
1937 M
1938 M
1939 M
1940 M
1941 M
1944 S
5 centavos19 mm# mm# g75% Copper 25% Nickel ZincPlain2,493,872
4,000,000
2,750,000
21,198,000
14,040,000
72,796,000
1937 M
1938 M
1941 M
1944
1944 S
1945 S


10 centavos16.5 mm# mm2 g75% Silver 25% CopperReededThe standing figure of an adolescent female was utilized. She is
clad in a long, flowing gown and holds in her right hand a hammer, resting atop an anvil, as seen on the minor coins. Behind her is again Mt. Mayon, an almost perfectly conical volcanic mountain southwest of the capital city of Manila. The statement of value appears above her (Ten,Twenty,and/or Fifty Centavos) in English, while the name of the archipelago is written below in Spanish as FILIPINAS.
3,500,000
3,750,000
2,500,000
31,592,000
137,208,000
1937 M
1938 M
1941 M
1944 D
1945 D
20 centavos20 mm#4 g2,665,000
3,000,000
1,500,000
28,596,000
82,804,000
1937 M
1938 M
1941 M
1944 D
1945 D
50 centavos27.5 mm#10 g19,187,000
18,120,000
1944 S
1945 S

Commonwealth Commemorative Issues

Commonwealth Commemorative Issues

Face ValueTechnical parametersDescriptionTotal MintageYears of Issue

DiameterThicknessMassCompositionEdgeObverseReverse
50 centavos# mm# mm# gSilver
#%Sil./#%Cup.
ReededdescriptionBusts of Murphy and Quezon20,0001936 M
1 Peso# mm# mm# gReededdescriptionBusts of Murphy and Quezon10,0001936 M
1 Peso# mm# mm# gReededdescriptionBusts of Roosevelt and Quezon10,0001936 M

English Series

In 1958, a new, entirely base metal coinage was introduced, consisting of bronze 1 centavo, brass 5 centavos and nickel-brass 10, 25 and 50 centavos.
English Series

Face ValueTechnical parametersDescriptionTotal MintageDate of


DiameterThicknessMassCompositionEdgeObverseReverseissuewithdrawal


1 centavo18.5 mmBronzePlainFigure of a man seated beside an anvil holding a hammer and Mt. Mayon, year of mintingBank title and coat of arms19581967


5 centavos20.0 mmBrassPlainFigure of a man seated beside an anvil holding a hammer and Mt. Mayon, year of mintingBank title and coat of arms19581967


10 centavos17.5 mmNickel-brassReededLady Liberty striking an anvil with a hammer and Mt. Mayon, year of mintingBank title and coat of arms19581967


25 centavos23.5 mm
50 centavos30.0 mm

Pilipino Series

In 1969, the coinage was altered to reflect the use of Filipino names for the currency units. 1-piso coins were introduced in 1971
Pilipino Series

ValueDiameterCompositionEdgeObverseReverseYear of


first mintingwithdrawal


1 sentimo10.0 mmAluminumPlainLapu-LapuState title, coat of arms, year of minting19691974


5 sentimos13.0 mmBrassPlainMelchora AquinoState title, coat of arms, year of minting19691974

10 sentimos17.5 mmNickel-brassReededFrancisco BaltazarState title, coat of arms, year of minting19691974
25 sentimos21.0 mmJuan Luna
50 sentimos27.0 mmMarcelo H. del Pilar
133.0 mmJosé RizalState title, coat of arms, year of minting between the words "BANGKO" and "SENTRAL"1972

Ang Bagong Lipunan Series

In 1974, the "Ang Bagong Lipunan" ("The New Society") series, was introduced with the ₱5 coins included. Aluminium replaced bronze and cupro-nickel replaced nickel-brass that year.
Ang Bagong Lipunan Series
ImageValueDiameterCompositionEdgeObverseReverseYear of
ObverseReversefirst mintingwithdrawal


1 sentimo11.5 mm (length of side of rounded square shaped edge)AluminumPlainState title, Lapu-Lapu, value"ANG BAGONG LIPUNAN," BSP logo, year of minting19751983


5 sentimos13.5 mm (8-pointed rounded scallop edge)BrassPlainState title, Melchora Aquino, value"ANG BAGONG LIPUNAN," BSP logo, year of minting19751983


10 sentimos17.5 mmCupro-NickelReededState title, Francisco Baltazar, value"ANG BAGONG LIPUNAN," BSP logo, year of minting19751983


25 sentimos21.0 mmState title, Juan Luna, value


₱128.5 mmState title, José Rizal, value"ANG BAGONG LIPUNAN," coat of arms with the scroll text altered to "ISANG BANSA, ISANG DIWA" ("One Nation, One Spirit") with two digits of the year minted on both sides, bank title


₱535.0 mm"ANG BAGONG LIPUNAN," "Setyembre 21, 1972" ("September 21, 1972"),Ferdinand Marcos, year of mintingState title, coat of arms with the scroll text altered to "ISANG BANSA, ISANG DIWA" ("One Nation, One Spirit")1982

Flora and Fauna Series

The Flora and Fauna series was introduced in 1983 which included ₱2 coins. The sizes of the coins were reduced and ₱5 coins were reintroduced in 1991, with the production of 50-sentimo and ₱2 coins ceasing in 1994.
Flora and Fauna Series

ValueDiameterCompositionEdgeObverseReverseYear of


first mintingwithdrawal


1 sentimo15.5 mm99.2% Al
0.8% Mg
PlainValue, Voluta imperialisState title, Lapu-Lapu, year of minting19831994


5 sentimo17.0 mmValue, Vanda sanderianaState title, Melchora Aquino, year of minting


10 sentimo19.0 mmValue, Pandaka pygmaeaState title, Francisco Baltazar, value


25 sentimo21.0 mmBrassReededValue, Graphium idaeoidesState title, Juan Luna, year of minting19831990


50 sentimo25.0 mm75% Cu
25% Ni
PlainPithecophaga jefferyi, valueState title, Marcelo H. del Pilar, year of minting19831990
|
₱129.0 mmReededValue, Anoa mindorensisState title, José Rizal, year of minting


₱229.8 mm (decagon)PlainCocos nucifera, valueState title, Andrés Bonifacio, year of minting
Improved Flora and Fauna Series (1991–1994)


25 sentimo16.0 mmBrassPlainValue, Graphium idaeoidesState title, Juan Luna, year of minting19911994


50 sentimo17.5 mmReededPithecophaga jefferyi, valueState title, Marcelo H. del Pilar, year of minting


₱121.6 mmStainless steelValue, Anoa mindorensisPlainState title, José Rizal, year of minting19911994


₱224.0 mmReededCocos nucifera, valueState title, Andrés Bonifacio, year of minting


₱525.5 mmNickel brassReededPterocarpus indicus, valueState title, Emilio Aguinaldo, year of minting19911994

Circulating coins

1995 series

Face ValueTechnical parametersDescriptionYears of Issue


DiameterMassCompositionEdgeObverseReverseIntroducedWithdrawn


1 sentimo15.5 mm2.0 gCopper plated steelPlain"Republika ng Pilipinas", value, year of mintingLogo of Bangko Sentral ng Pilipinas1995


5 sentimos15.5 mm1.9 gPlain
(with 4 mm central hole)
"Republika ng Pilipinas", value, year of mintingWords "Bangko Sentral ng Pilipinas" along the border


10 sentimos17.0 mm2.5 gReeded"Republika ng Pilipinas", value, year of mintingLogo of Bangko Sentral ng Pilipinas


25 sentimos20.0 mm3.8 gBrassPlain"Republika ng Pilipinas", value, year of mintingLogo of Bangko Sentral ng Pilipinas1995
3.6 gBrass plated steel2004


1 peso24.0 mm6.1 gCupro nickelReeded"Republika ng Pilipinas", Profile of José Rizal, value, year of mintingLogo of Bangko Sentral ng Pilipinas1995
5.35 gNickel plated steel2004


5 pesos27.0 mm7.7 g70% copper
5.5% nickel
24.5% zinc
Plain12-pointed scallop border design, "Republika ng Pilipinas", Profile of Emilio Aguinaldo, value, year of minting12-pointed scallop border design, Logo of Bangko Sentral ng Pilipinas1995


10 pesos26.5 mm8.7 gRing:CupronickelInterrupted milledRing: "Republika ng Pilipinas", year of mintingLogo of Bangko Sentral ng Pilipinas2000
Center:Aluminium bronzeCenter: Profiles of Andrés Bonifacio and Apolinario Mabini, value

Current legal tender commemorative coins

On December 9, 2011, The Bangko Sentral ng Pilipinas (BSP) issued a commemorative one-peso coin in celebration with the 150th Birth Anniversary of Jose Rizal. The coins are in the same dimensions as the circulating one peso coins with Rizal's profile on the front instead of the side. The new coin also has the new logo of the central bank and is legal tender with the current series.
On December 18, 2013, The Bangko Sentral ng Pilipinae (BSP) issued a commemorative ten-peso coin in celebration with the 150th Birth Anniversary of Andres Bonifacio. The coins are in the same dimensions but the design changed. These also featured the new logo of the central bank and is also legal tender.
On December 22, 2014, the Bangko Sentral ng Pilipinas issued three commemorative coins, a 5 peso coin to commemorate the 70th Anniversary of the Leyte Gulf Landings,a 5 peso coin honoring Overseas Filipinos with the theme "Bagong Bayani" and a 10 peso coin celebrating the 150th Anniversary of the birth of Apolinario Mabini.
Current legal tender commemorative coins

ValueDiameterWeightCompositionEdgeObverseReverseFirst Minted Year
1 peso24.0 mm5.35 gNickel plated steelReeded"Republika ng Pilipinas", Profile ofJosé Rizal, "150 Years", "1861-2011"Logo of the Bangko Sentral ng Pilipinas with a facade of the sun, value, year of minting2011
5 pesosNickel-brassPlain"Republika ng Pilipinas", profile of Filipinos, "Bagong Bayani"Date of issue, passenger jet, logo of the Bangko Sentral ng Pilipinas, a Filipino family, denomination2014
5 pesosNickel-brassPlain"Leyte Gulf Landing", scene of the landing, "70th Anniversary", "1944-2014""I have returned. By the grace of Almighty God our forces stand again on Philippine soil - soil consecrated from the blood of our two peoples.", five stars denoting the rank of general, date and signature of Douglas MacArthur, logo of the Bangko Sentral ng Pilipinas, denomination2014
10 pesos26.5 mm8.7 gBi-metallic (Copper nickel outer ring with an aluminum bronze center plug)Segmented"Republika ng Pilipinas", Profile of Andres BonifacioMonument of Andres Bonifacio, "Dangal at Kabayanihan", signature of Andres Bonifacio, logo of the Bangko Sentral ng Pilipinas, "150 Years", "1863-2013"2013
10 pesos26.5 mm8.7 gBi-metallic (Copper nickel outer ring with an aluminum bronze center plug)Segmented"Republika ng Pilipinas", Profile ofApolinario Mabini, quill pen"Talino at Paninindigan" Monument to Apolinario Mabini, signature of Apolinario Mabini, logo of the Bangko Sentral ng Pilipinas, "150 Taon", "1864-2014"2014

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