Philippine Peso Coins and Banknotes

Philippine Coins and Banknotes

Gold in the 10 peso coin?

Word has been spreading that the current 10 peso coin bearing the 2000 and 2001 year mark contains gold. Specifically the inner disc of the coin is said to be worth between 10 to 14 karats, the reason why some people are hammering them out and casting them into "gold" rings.

I chanced upon a man selling some of these "gold" rings. He also presented the remains of a ten piso coin and claimed two coins are melted to create one ring. He was selling the ring for 100 pesos.

So is there gold in the current 10 peso coin?
I don't think so. According to the Bangko Sentral ng Pilipinas, the inner disc of the coin is made of an aluminum-bronze alloy (92% copper, 6% aluminum, 2% nickel).


The Bangko Sentral ng Pilipinas could not be senseless to put gold into millions of coins with a face value of only 10 pesos. It might look like gold, but it isn't necessarily gold.

Illegal
Hammering out the core of the 10 peso coins is a violation of Article 164 of the Revised Penal Code (An Act Prohibiting and Penalizing Defacement, Mutilation, Tearing, Burning or Destruction of Central Bank Notes and Coins). Selling of these mutilated coins is a violation of Article 165.

Art. 164. Mutilation of coins; Importation and utterance of mutilated coins. — The penalty of prision correccional in its minimum period and a fine not to exceed P2,000 pesos shall be imposed upon any person who shall mutilate coins of the legal currency of the United States or of the Philippine Islands or import or utter mutilated current coins, or in connivance with mutilators or importers.

Art. 165. Selling of false or mutilated coin, without connivance. — The person who knowingly, although without the connivance mentioned in the preceding articles, shall possess false or mutilated coin with intent to utter the same, or shall actually utter such coin, shall suffer a penalty lower by one degree than that prescribed in said articles.

91 comments:

cel said...

is it really true that the banko central will buy the 2001 10peso coins?

Anonymous said...

hmmm... we cant tell but surprisingly, someone bought my 10peso year 2000 coin for 1000pesos... i was shocked at first...im starting to believe that it'z true... well, we will lose nothing if we collect...

Anonymous said...

is that true because i have 11 pcs of 10 peso coin year 2001....thanks

chrissanne14344 said...

Nek nek nyo! Aluminum-copper-nickel ang alloy ng 10 peso coin! Obvious na scam lang yan. syempre pinili pa nila yung 2000 at 2001 kasi nga un ang unang issue ng mga 10 peso coin na may inner at outer ring. Tanga lang maniniwala nyan. Ung nagkakalat ng balita, yan ang may gustong mabentahan at maloko. Kunyari lang na may bumili sa kanila, asus, naniwala naman ung iba..

DIC said...

I can't believe how stupid and gullible some people are. Of course it's a hoax! Why would the BSP put gold in a coin that has a face value of just P10? Are they a bunch of morons? Of course not. Gold reserves are heavily controlled and regulated by the BSP and they never issue it for normal circulation. Heck they rarely issue gold commemorative coins at very low mintage. They mostly keep it in reserve to ensure that the philippine sovereign state has ability to meet its obligations. Most of the gold reserves are in the possession of the US and other first world countries. They just buy it and store it. Most governments do. Rarely do they sell their gold reserves. A fraction goes to the market etc. This is because dollars will rise and fall but gold will always be gold. So now we have stories that our government would release gold into circulation for P10? ano tyo tanga?!? The morons are those who actually believe the stories. Bobo talaga. No wonder a lot of pinoys frequently fall victims to any get rich quick schemes such as that legacy banking group and pyramid schemes. We are so desperate to better our lives that it leads to stupidity. If it's too good to be true then it probably ain't. Whatever happened to "sipag at tiyaga?"

Anonymous said...

E ano ngayon??? kung bibilhin ba naman sa 'yo ng 100 o 1000 kada barya..why not di ba???

DIC said...

It does matter because the only people who are spreading these stories are the scammers and would-be scammers who would take undue advantage of those people who don't know any better.

Obviously you're one of those people, who if given the opportunity, would take advantage of your fellow Filipino. shame on you.

boyetkupal said...

ndi ko sure kung 22o huh pero kc ung suki nmn sa tindahan pinapa2litan nya ung yr.2001 nya sa pawnshop sa may novaliches bayan.
150pesos per coin. pero dko pa natatanong kung ano name nung pawnshop kc nagbakasyon sya..
if ever na totoo i will post it here,. tnx

Anonymous said...

guys don't be close minded. hindi ba kayo naccurious? di naman kasi kakalat yan ng walang pinagmulan. buti sana kung sa isang lugar lang kumalat yan. pero tignan nyo, d rin naman talaga sya kalat, iilan lang tayo sa mga nakakaalam ng issue na to. haha! i wonder. but for now, magcocollect nalang ako. wala naman mawawala. haha! i'm not saying na naniniwala ako sa issue pero bakit naman din ako maniniwala agad sa BSP? let's be fair and logical. ndi naman porke BSP e un na ang totoo, pano kung may pinagtatakpan lang? basta tlga sa government ang hirap paniwalaan agad. investigate and wag agad ijudge yung mga naniniwala na akala mo e bobo cla. for now..i am neutral... i must search or rather "wait" for more info. parang ang hirap din kasi paniwalaan na may gold, pero kung binibili sya ng mahal, ano kayang meron sakanya? un ang dapat alamin...not the gold issue ;)

omega_opk said...

meron akong theory, lets use our imagination: officers in BSP who wants to rob money intentionally mix gold to 2001 10 peso coins and plans to collect them later outside, by this plan they will be successful extracting gold from BSP without being detected. I believe the executive officers knows about this , maybe just maybe the people who are concern in mixing metals are also involve in this conspiracy, they should be questioned, the NBI should look at this issue, worst scenario; that there is anomally up to executive office.... just look at the timing ,smoke comes out at this time, when the 2010 election is fast approaching. hmmmm just a theory.. now i going to put down my spy movie cd.

Anonymous said...

hmmmn... This is interesting, why not collect the coins? There's nothing to lose, but to think bout it, it's maybe true that there is a gold in the coin? Hey if if a wise millionaire, I will never put my money in the bank, coz' the bank can be robbed, right, I would keep it in a place where no one would notice it... Just like the the 10 peso coin, no one would suspect that there's a gold in the coin, maybe the bsp is trying to cover it up, so the people would stop their interest of collecting and selling the ten peso coin...(hey, no hard feelings... We are free to have a comment here in this topic... ty^^)

Anonymous said...

i agree with most comments here. di naman kakalat ang balita ng ganun n lang. There might just really be some conspiracy. its hard to take out gold at BSP and the most ingenious plan is to mix it with the coin with the intention to retrieved it later. at wala namang aamin n may gold nga sa 10 peso coin. but di b kayo nagtataka halos wala n sa circulation ang 2000 at 2001 coin kahit kami madalas mamalit sa banko wala n talaga ganun date... anu un nawalang bula... at meron may fake n malamang sila din nagpakalat para mawalan tayo ng interes...samin nga may namimili p ng 100 to 200 each coin

Anonymous said...

ung 2001 coin ko pinagawag singsing parang ginto talaga hindi kumukupas... kaya halos lahat nangongolekta n ng 10 peso coin... clasmate ko nga 100 pesos kada isa binibili nya.. problema wala ng mahanap. baka nga nakuha ng lahat ng mga tga BSP

talisay said...

parang gold talaga dami ko na nga napagawa di naman kumukupas sa ngayon nag iipon pa ako kasi sa dami ng nagpapagawa sigurado mauubos ang ten peso 2001 kaya kahit hindi ito gold sigurado ako na mag mamahal ang value nito ha anong say nyo mga kumokontra ingit lang kayo.......

Anonymous said...

kung sakaling totoo man ang isyu about sa 10peso coin.. san pwede ibenta ito.. hehehe.. baka 1 day makapulot ako eh..

sandy said...

iba talaga ang pinoy lahat kayang gawin,
sadyang malikhain kaya kahit pera ng bansa kaya gawing singsing, kahit iligal gagawin parin makasunod lang sa uso kahit na ito pa ay ipinagbabawal

sandy said...

yung mga kaklase ko ang gagalig gumawa ng singsing kahit 25 centvo nagagawa, parang mga tunay na alahero kahit concrete nail at martilyo lang ang gamit nakakagawa parin pulido pa ang pakakagawa

Anonymous said...

Grabeh..... tsktsktsk......gusto ko rin magpagawa! Dami ko na rin naipon sa mahiwagang baboy ko! kaso natatakot ako..bka huluhin nila ako. One day sa kulungan per 10peso!

Anonymous said...

Magpost naman kayo kung sino ang bumibili..hehehe me napulot akong 1 sa pitaka ko kanina..hehehe

gandajans said...

hi guys this is Janice Monastrial from Batangas, you know what, for all of these issues, we can't deny that if we say "coin or coins" we're not giving more importance especially spending it, its really easy to spend anywhere, anytime, this issue is just giving coins a chance to have their importance to us, more people are searching for this coins co'z of that said mixed "gold" in it..., but the sense is the "gold" we are mentioning is that the "importance" of coins not just having a smaller value, but without coins, bills are useless!! Think of it guys!! NOW, COINS ARE IMPORTANT, WITH OR WITHOUT GOLD, GIVE IMPORTANCE IN IT, COLLECT AND SAVE IT!

Anonymous said...

basta ako pinagawa ko yung galing sa 10 peso coin at na sangla ko ng php 600 sa pawnshop..

Arnold Chuidian said...

I am Arnold Chuidian of Nasugbu Municipal Hall as Accounting Officer (Municipal Accountant. I can say that this matter is true, everyone in our building is always looking for that 2001 or 2000 10 peso coin(s) because of their belief and mine also that it's core contains 14-karat gold and please, any stupid comment(s) here regarding negative opinion about this coin, damn, contact me....
(0917)5052144. And you Dic, suckaaa bitch, stop commenting.... I am influencial guy here in our town, my father is municipal councilor and Governor Vilma Santos-Recto is my friend of mine also....

Anonymous said...

Really now? Then fix your damn English while you're at it. Use your "influential" powers to fix your grammar as well... :P

MS.GANDA said...

hehehehe,grabe na to...kayo ring ang pinagawa,me plan me PUSTISO ANG PAGAGAWA KO,OH DI BA!

JAY TECSON said...

ETO ANG HISTORY NYAN:

SCAMMER: magiipon ako ng year 2000-2001 na P10.00 coins tapos pag-tagaltagal ako na lang ang meron nung year na yun (hehehe)

after 3-5years . . . . .

SCAMMER: Manong barbero meron daw ginto dun sa P10.00 na coin? Sabi kasi nung alahera namin eh.

BARBERO: OWS Talaga? Makapaghanap nga ng P10.00 coin.

BARBERO: May P10.00 coin ka yung 2000-2001 ang year? May ginto kasing laman yun eh.

EMO: Wala eh.
Undercut: wala din eh
2x4: Wala din suki
semikalbo: meron kaso konti na lang
kalbo: talaga pre may ginto?
Manicurista: Ikakalat ko yan sa buong barangay
Flat Top: Wala kaso magtatanong tanong ako


SCAMMER: Ako meron kaso bilin nyo ng P100.00 each (mwahahahahaha)

YAN ANG HISTORY NYAN OK!

Anonymous said...

i have 3 10 peso coins here....
hahah

Anonymous said...

Hello guys! why not pagawa tau ng ring or anything made from 2000/2001 P10 coin then ipapacheck natin or ipapaapraise sa pawnshop or sa goldsmith? diba? to prove if there's really gold content on it. goodluck 2 all!

Anonymous said...

meron na aq 72 pieces na coin...hehe txt nyu naman aq kung san pwede ibenta 9322242514

Anonymous said...

i have collected some.. Sino gusto bumili? hehe...

txt this number 09298722655...

art said...

akala ko kasali ang 2002 hindi pala...tsek tsek

Anonymous said...

ako may eighty pieces na 2001, at 6 pieces na 2000.
who wants to buy. txt me at 09166564509.

Anonymous said...

hay nako//pag pinagawa nyong singsing yan mag green ang inyong daliri nangyari na sa kin yan..nagpagawa ako sa alahero..nag kulay green ata nag sugat ang daliri ko.peks man mamatay man ang lapitbahay ko...

Anonymous said...

tapos??..ano mangyayari sayo pag na green daliri mo?...natatanggal pa ba?..may side effects ba sa health?

adrian_amorio said...

kala ko sa bsp papalitan kc 800 daw per coin...db sa bsp daw?

Anonymous said...

tagal na po isyu yan. i think 5-6 years ago. don't know exactly. naalala ko kasi noon yung isang mall sa amin may bumibili ng 10 peso coins na year 2000-2001. kahit sa palengke. may kilala akong ngpagawa ng singsing galing sa 10 peso coins grabe ang kintab. di naman ng green yung kamay nya. i try to look and collect, but to this time i only have one. don't have plans to turn it into a ring or exchange it for much money. just wanna keep it for me as souvenir. takot ako sa law. bala isumbong ako. hehehe!

Anonymous said...

i have 16 pcs of 10 peso yr 2001 coins. Those who are interested to buy them, kindly text at 09157774746

betadine said...

same here. I collected a lot of 10 peso coins with 2000 and 2001. there was one person on a local online forum who was buying it for 100 per coin, but the thread was deleted a week after and he was banned... anybody buying? email me

rufus said...

I gues it is true, I learned about it recently lang, last november 1, when a cousi9n of mine who is working at BSP visited my late-brothers grave.. ayun napag kwentuhan.. according to him.. na suspendn ata.. yung naka assign dyan... I have neighbors na nag pa gawa ng ring.. several years after,, ganun parin.. makintab.. kaya nag iipon kami ng 2000 at 2001 na coins..

yung nag sasabi na hindi... kasi gusto nila sila lang ang makapag ipon nun????

share the blessings naman po

rufus said...

para matigil nalang siguro ang agam agam.. thou bawal eh.. mag run ciguro ng chemical test ba yun? para malaman kung me ginto nga ba o wala hehe

hari said...

mangollect ng lang yung may gusto, yung ayaw di hinde. kailangan pa bang pag awayan yan?!

irene said...

hi.. i also have several pieces of 10 peso coin year 2001. incase may gustong magpalit just email me at bit.irene@gmail.com. tnx

Anonymous said...

meron din ako d2 madami.. baka gus2 nyu bilin pm nyu lang ako sa ym cancer_cr2004 tnx

christine said...

Meron akong 2001 10 peso coin,text me kung may ntrested na mgbuy 09287343926

randy said...

GOLD IN 10 PESO COIN?
"..the inner disc of the coin is made of an aluminum-bronze alloy (92% copper, 6% aluminum, 2% nickel)."

reference..
http://philmoney.blogspot.com/2008/04/gold-in-10-peso-coin.html


"..And the attractive gold-toned coloration of aluminium bronzes has also led to their use in jewelry."

reference..
http://en.wikipedia.org/wiki/Aluminium_bronze

Anonymous said...

i don't think so that the ten peso 2000 nd 2001 have a gold inside .. but some other people have a ring made of 2000 nd 2001 and it do really like a GOLD>. huh?

Anonymous said...

i don't think so that the ten peso 2000 nd 2001 have a gold inside .. but some other people have a ring made of 2000 nd 2001 and it do really like a GOLD>. huh?

Anonymous said...

totoo ba yun? kasi meron akong worth 3.7k na 2000-2001 na 10 peso coin. kung merong interesado or kung sino may alam na bibili e mail me at tr3z_jay@yahoo.com. thanks.

Anonymous said...

I have several 10 pesos coin and 100Php with UP Centennial.pagmeron gus2 bumili just email me. marzuo48_ann@yahoo.com

Anonymous said...

I have 10 pieces of 2001 coins,., text me if you want to buy,. 09278738691

Anonymous said...

I have 10 pieces of 2001 coins,., text me if you want to buy,. 09278738691

Anonymous said...

Kaya naman pala naubos ang 10 peso coin at wala nang maibigay ang BSP ay dahil marami na ang nagpagawa ng singsing at kung ano ano pang alahas. kaya wag niyong sisihin ang BSP kung wala silang maibigay sa inyo. 2000 at 2001 pa yan eh. Matagal na yan. Anong taon na ba? 2010 na. Ubos na talaga yan. Ipagawa ba namang singsing. Mga makukupad ang isip.

Anonymous said...

meron ako ditong apat na 2001 10 peso coin...

Anonymous said...

I have 20 pcs of 10 pesos of year 2001. san ko pedi ipalit un? Magkanu kaya per pcs?

Anonymous said...

i dont know about the others, but this is true guys, ung taga laba and ung kasambahay namin, they have these 2000 and 2001 10peso coin turned into rings. they were curious and sent it to pawn shops (i mean every pawn here in our area to have it checked and appraised). 14K gold was found and 500php ung sangla. now i have collected 180+ pieces of 2000 and mostly 2001 (i got these pieces from my internet cafe, some kids pay and sometimes they got 15mins free-time whenever they got me paid with 2000 or 2001, haha). well i really dont have any plans to have it transformed to anything, just for fun. cheers

salidad said...

its really true ok! kaw din save your money. wala namang mawawala.ako nga dami ng naipon. he he he he maingit ang di nag iipon wala kayong madudukot pagdating ng araw

Anonymous said...

magkano ba bili nyo 2000 and 2001 ten peso coin meron ako marami ...ito email add ko bennyleduna@yahoo.com

Anonymous said...

ganti2 xe yan... the ten peso coins were originally commissioned during the time of the then Pres. Joseph Estrada. It was supposed to be a collector's item coin mixed with gold. It's supposed market were people with local coin and bill fetishes. When the new administration took power, the coins were either out in circulation or in everybody's pockets and piggy banks. BSP didn't like the word out into the public cause it will make a hell of a coin collection frenzy. so they secretly sent agents who would collect the coins. problem is, the word got out to a handful of people and here we are having an intelligent discussion about a ten peso coin that's really worth a thousand pesos in the black market. thanks for reading.

ragde RAGDE said...

sa tingin ko hindi talaga yan totoo kasi bakit naman sila gagawa ng ganun,eh di kaysa gumastos pa sila isasama nalang nila sa mga coin na ikakalat sa bansa,para hindi masayang ang pera sa wala.

Anonymous said...

alam nyo ba d2 sa pasay hangang ngaun binibili pa rin yan !!!!

2000/2001

totoo kasi nag tunaw ako ng ganyan humiwalay ung gold at bronze

promiz totoo yan !!!

try nio mag tunaw makikita nio!!!!


pati sabi ng BSP na nde totoo smpre kakalat yan at lht ng tao mag hahanp ng 2000/2001 na 10 peso coin !!!mahirap man paniwalaan
i try nio !!!

Anonymous said...

Grabe! pala ang debate dito, about sa 10 peso coin. dito nga sa lugar namin, may kwentong barbero na hindi malaman kung totoo or hindi ehh. ganinto un:

may isang babae daw na may dalawang piraso ng 10 coin. then pina smith nya sa gold smith syempre. at pinagawa nya ng sing-sing. then nag try sya na isangla ang sing-sing. according sa rumors of teory. the ring worth 2k plus. astig! diba.

Silver said...

Ginto man o hindi, maganda pa ring gawing singsing kasi hindi kumukupas. Yun nga lang, labag sa batas un.
Silver MLM

Anonymous said...

i need some1 who can prove that this is true.. im really curious about this.. i hope some1 will contact me @ 09326838853.. thanks

Anonymous said...

txt n nyo ko mrun din me nsa 30pcs
N ata eh.... 09223092146

pepay said...

half na ng 2001 ten peso coin ang piggy bank q...


interested parties may contact me...

cp# 0922-5812485

Anonymous said...

meron pa ba bumibili nyan? ahahah meron me..

2000 (4 pcs) = 700 per pc
2001 (40pcs) = 350 per pc

contact:

09166281156

hector cadena said...

i have rare 5-piso year 2000 coins (3 types).
type 1 is the regular coin.
type 2 has excess gear tooth on reverse.
type 3 has fat gen. aguinaldo on obverse.
some say they don't exist, but i have them.
have comment?
639166997405

Anonymous said...

meron me.. year 2000 at 2001 marami..
any offer?

anyone interested text me:
09166281156

Anonymous said...

meron bang nakakaalam kung san na bebenta toh mga 10 peso coin n toh?

Anonymous said...

selling

year 2001 = 150 pesos each

year 2000 = 300 pesos each

contact: 09166281156

Anonymous said...

we buy old coins in cebu, text us.
09493500740

Anonymous said...

FOR SALE! 10 peso coin year 2000 and 2001.. pm me your price at my email

david_gerrboy3@yahoo.com

Anonymous said...

nabebenta dn daw ung mga pera n may parang bulaklak sa tabi ng serial number?

Anonymous said...

I have 8pieces of Year 2001 and 3 Year 2000 Ring size= 5,6,7

if anyone who wants to buy it..call or text me 09461453309

Anonymous said...

hmmn, is this really true?? i'm lso collecting 2001 P10 coins...i don't know 2000 P10 coins also has gold in it??? well, if someone is interested i'm selling it, kindly txt me at 09395454731...

ALLAN said...

Pwede na true yan mga kumakalat na gold kasi ang coins nang pilipinas ay hindi naman tlga gawa sa pinas sa ibang bansa pa naggagaling yan tapos pinapasak nalang sa makina para magawang 10.00 pero kung ayaw nyo maninawala na walang gold sa 10.00 pero sa gusto ma ipon nyan itago nyo nalang walang mawawala sa inyo kung pero masmaganda rin ipapalit nyo sa akin hahaha 10.00 mo gawin kung 20.00 anu meron ka BA?

ALLAN said...
This comment has been removed by the author.
Anonymous said...

hi may 20 pcs ako na 2001 sino interested bumili itxt nyo lng ako sa # na to 09298306364 thanks guys..

Puboyski said...

hi may 20 pcs ako na 2001 sino interested bumili itxt nyo lng ako sa # na to 09298306364 thanks guys..

Anonymous said...

09306277123;i have 20 pcs of 2001 ten-peso coin

Anonymous said...

as part of my savings :D

Anonymous said...

as part of my savings :D

chef said...

me too i have 100 pcs of 10 peso coins year 2000 and 2001.. cnu may gus2 bilin e2 email add q.. yham_05_1@yahoo.com ... tnx

Anonymous said...

we buy coins in cebu, text us.
09493500740

Anonymous said...

we buy coins in cebu, 1945 and older, text us.
09493500740

Anonymous said...

philippine ten peso coin for sale.

cell no: 09334292804

Anonymous said...

mron ako P10 (2001) dito... txt me... 09468650882

Anonymous said...

May several coins ako dito na 2000 at 2001. Sa interested email me. bernardochel@yahoo.com

Anonymous said...

i have a lot of 2000 & 2001 10 peso coin, if youu want to buy just txt me 09266446980

Anonymous said...

i have 2500 pieces of 10-peso coin year 2000 and 2001, who's interested to buy it just contact me at 09276543452














































































































































































Anonymous said...

i have 20pcs of 2001 10peso coin..contact me @ 09092770282

Anonymous said...

i have 11 pcs of 10 peso coin year 2001....09124764256