Philippine five peso coin

Five pesos
Philippines
Value 5.00 Philippine peso
Mass 7.4 g
Diameter 25 mm
Thickness 2.20 mm
Edge Plain
Composition Nickel-plated steel
Years of minting 1975-1982
1991-present
Obverse
Design Portrait of Andrés Bonifacio, Year Mark
Design date 2017
Reverse
Design Tayabak, Logo of the Bangko Sentral ng Pilipinas
Design date 2017

The Philippine five-peso coin (₱5) is the second-largest denomination of the coins of the Philippine peso.

The current version issued in 2017 is measured at 25 mm (0.98 in) in diameter, and features a portrait of Filipino revolutionary leader Andrés Bonifacio on the obverse. The reverse side depicts the Tayabak, a type of Philippine vine and the current logo of the Bangko Sentral ng Pilipinas.

Firstly, the five peso coin was produced in conjunction along with the five peso note, which commenced from the year 1975 to 1982 and again in 1991 to 1996.

However, production for the five peso note became obsolete when the Bangko Sentral ng Pilipinas stopped printing the banknotes in 1996 (as the last production year of the banknote was stamped in 1995).[1]

History

Independence

  • Ang Bagong Lipunan Series; From 1975-1982, a five peso coin was introduced by the Bangko Sentral ng Pilipinas in line with the new 'Ang Bagong Lipunan' series issued in commemoration of Fedinand Marcos' declaration of Martial Law. The obverse bears the inscription 'Ang Bagong Lipunan,' year of minting, and a profile of the late President Ferdinand Marcos faced to the left. The denomination, the inscription 'Republika ng Pilipinas' and its official coat of arms, are all on the reverse.
  • Flora and Fauna Series; From 1991-1994, a new five peso coin was issued. The obverse now features the inscription 'Republika ng Pilipinas' and a profile of Emilio Aguinaldo, a Filipino revolutionary, politician, and a military leader officially recognized as the First President of the Philippines, now faced to the right. An enlarged denomination and an image of Pterocarpus indicus, or, ambiguously, narra tree, the official national tree of the Philippines, are all on the reverse.
  • BSP Coin Series; Issued in 1995, the current version of the coin now features the enlarged denomination on the obverse, while the inscription 'Bangko Sentral ng Pilipinas' and its official seal are all on the reverse. The reed on its edge was also removed.
  • New Generation Currency Coin Series; Issued on November 30, 2017, on both the 120th anniversary of the death and 154th birthday of Andrés Bonifacio, the new five peso coin was released ahead of the other denominations of the new currency series. It has been given new features to prevent counterfeiting. The obverse features Filipino revolutionary leader Andrés Bonifacio, and the reverse depicts a tayabak, a type of Filipino vine. [2] Each individual coin weighs 7.4 grams (0.26 oz), has a diameter of 25 millimetres (0.98 in), and has a smooth edge without ridges. The coin's design was criticized for being too similar to the ₱1 coin. The coin is silver in color like the ₱1 coin.[3]
Ang Bagong Lipunan Series
(1975-1982)		 Flora and Fauna Series
(1991-1994)		 BSP Coin Series
(1995–2017)		 New Generation Currency Coin Series
(2017–present)
Obverse
Reverse

Commemorative coins

The Bagong Bayani Commemorative Coin in honor of Overseas Filipinos on the 5-peso circulating coin.
The Leyte Landing which was a turning point for the liberation of the Philippines during World War II on a five-peso commemorative coin.

On December 19, 2014, the Bangko Sentral ng Pilipinas (BSP) published an announcement that three new limited edition commemorative coins is to be circulated, which was then released on Monday, 22 December 2014. This includes the Bagong Bayani Commemorative Coin and the 70th anniversary Leyte Landing commemorative five-peso coin.[4]

See also

References

  1. ↑ "Philippine Money and Currency - PESO Bills and Coins". Philippinecountry.com.
  2. ↑ CNN Philippines (29 November 2017). "LOOK: BSP unveils updated 5-peso coins". Retrieved 30 November 2017.
  3. ↑ Cabico, Gaea Katreena (28 December 2017). "BSP: New ₱5 coin designed by 'two expert committees'". The Philippine Star. Retrieved 28 December 2017.
  4. ↑ Pinoy Numismatist Network (20 December 2014). "2014 Commemorative Coins". Retrieved 20 December 2014.
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