Bangko Sentral ng Pilipinas releases the new 5-peso (piso) coin
and the new 20-peso (piso) coin.
The 5-peso (piso) coin retains the design elements of the round NGC coin,
with Andres Bonifacio, the father of the Katipunan,
on the front side
and the Tayabak plant on the reverse.
It also retains the security features of the round coin,
including the microprints “Republika ng Pilipinas”
and “Bangko Sentral ng Pilipinas.”
The new 20-peso (piso) coin
retains major elements of the 20-piso banknote.
The coin’s front side features Manuel L. Quezon,
and its reverse side shows the BSP logo and the Malacañan Palace.
Read more below:
It's right and fitting to make 20-peso coins
because the 20-peso banknote wears easily.
I usually have plenty of 20-peso banknotes
that are already torn or worn out
simply because they have been heavily circulated already.
Thanks to this news, I'm glad they're coins now.
The new 5-peso coin is the better news.
It'll replace the current 5-peso coin
that people mistook for a 1-peso coin
because they're almost the same size, just slightly bigger.
And both have same color.
You can't readily tell the difference
unless you examine closely.
you can easily recognize the new coin
because it's a nonagon, a polygon with nine sides.
According to BSP,
the 20-peso banknote is the most-used denomination
for payments across the country
based on the study by the University of the Philippines.
So it's expected that a lot of people will dislike
the new 20-peso coin
because keeping several of them around along with the other coins
will be heavy in the pocket or wallet.
So what do you think?
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