Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

10000 Peso Commemorative Gold Coin

Ten Thousand Peso Commemorative Gold Coin (1992)
6th Anniversary - Restoration of Democracy

Obverse: President Corazon C. Aquino; Republic of the Philippines, 10000 Pesos
Reverse: Philippine map superimposed on Constitution and dove of peace flying towards the light; Democracy Restored; VI Anniversary; 1986, 1992

Shape: round
Edge: reeded
Material: gold

This is the largest coin denomination ever issued in the Philippines. I am still looking for more information on this very rare coin.

1000 Peso Gold Coin - Ang Bagong Lipunan Commemorative

One Thousand Piso Commemorative Gold Coin (1975)
Ang Bagong Lipunan 3rd Anniversary
image courtesy of Heritage Auction Galleries

Obverse: Pangulong Ferdinand Marcos; Ang Bagong Lipunan; Setyembere 21, 1972; year mark (1975)
Reverse: Seal of the Republic of the Philippines;1000 Piso; Republika ng Pilipinas

Shape: round
Edge: milled

Diameter: 27 mm
Weight: 9.95 grams
Material:
.900 fine gold

Mintage:
13,000

This gold coin was minted to commemorate the 3rd anniversary of the Bagong Lipunan (New Society) which was established September 21, 1972.

The BSP does not buy coins higher than face value

The Bangko Sentral ng Pilipinas (BSP) formally announced that it does not buy coins at prices higher than their face value.

The BSP is most likely referring to the hearsay that it is buying back 10 peso coins allegedly containing gold. One of our anonymous readers claimed that someone even bought his his or her 10 peso coin for 1000 pesos. In sulit.com.ph, the 10 peso coin is also being sold for 1000 pesos.

“The BSP is the sole issuer of currency in the Philippines. It mints and circulates coins in accordance with its mandate to supply the currency requirements of the banking system and sustain economic growth. It determines the different denominations of our money, both banknotes and coins, and the public should accept them at face value, no more, no less,” says the Bangko Sentral media release.

In the same announcement, the BSP also reiterated that defacing/mutilating and the smuggling of Philippine coins “are criminal acts punishable by law under Presidential Decree 247 and BSP Circular 98, Series of 1995 in relation to Section 2530 (f) of the Tariff and Customs Code of the Philippines, as amended.”

Please report any information against these criminal acts to the BSP.

2500 Peso Gold Commemorative Coin - Corazon Aquino / Ronald Reagan

Twenty Five Hundred Piso Gold Proof Coin
1986 State Visit of Corazon Aquino to the United States
photos courtesy of PandAmerica Corp.

Obverse: Corazon Aquino, Republika ng Pilipinas, 1986, 2500 Piso
Reverse: Ronald Reagan, Official Working Visit, Washington DC, September 1986

Shape: round
Material: Gold
Mintage: Approximately 1000
Date of minting: December 10, 1986
Months after the People Power Revolution of 1986, Philippine President Corazon Aquino made an official working visit to Washington DC to meet with President Ronald Reagan and other US Government officials. Regarded worldwide as a symbol of democracy, President Aquino's state visit must have been of historic importance that the Franklin Mint of the United States struck this gold proof coin to commemorate the event.

5000 Peso Gold Coin - The New Society Commemorative

Five Thousand Peso Commemorative Gold Coin
Bagong Lipunan's 5th Anniversary
image courtesy of gr8ingr


Obverse: President Ferdianand E. Marcos and First Lady Imelda R. Marcos, The New Society, "V Anniversary", 1972-1977
Reverse: Seal of the President of the Republic of the Philippines, Republika ng Pilipinas, 5000 Piso

Quality: Frosted proof
Material: 2.21 troy ounces 900/1000 fine gold

Shape: Round
Edge: Milled

Text on sealed cachet:
The 1977 Five Thousand Piso Gold Coin of the Philippines.

The proof coin contained within this sealed cachet was struck by The Franklin Mint on March 24, 1977 the first day of minting of this Proof coin.

Minted under the authorization of the Central Bank of the Philippines by the Franklin Mint, Franklin Center, Pennsylvania, U.S.A.

Signed G.S. Licaros (Governor, Central Bank of the Philippines) and Charles L. Andes (Chairman of the Board, The Franklin Mint)