Philippine ten-peso coin explained

Denomination:Ten pesos
Country:Philippines
Value:10.00
Unit:Philippine pesos
Mass:8.0
Diameter:27
Thickness:2.05
Edge:Round/Segmented (Plain and Reeded sections) (Bi-metallic version)
Reeded with edge inscription of "BANGKO SENTRAL NG PILIPINAS" in italics
Composition:Bi-metallic (Cupronickel ring with an aluminum-bronze center plug) (2000–2017)
Nickel-plated steel (2017–present)
Years Of Minting:2000–present
Obverse:File:Philngc10pisoobv.jpg
Obverse Design:"Republika ng Pilipinas", Portrait of Apolinario Mabini; Value; Microprint of "Republika ng Pilipinas"; Year of minting; Mint mark
Obverse Design Date:2017
Reverse:File:Philngc10pisorev.jpg
Reverse Design:Medinilla magnifica (Kapa-kapa); logo of the Bangko Sentral ng Pilipinas; Microprint of "Bangko Sentral ng Pilipinas"; Microdots
Reverse Design Date:2017

The Philippine ten-peso coin (₱10) is the second largest denomination coin of the Philippine peso.

Two versions of this denomination are in circulation; the bi-metallic coin, first issued in 2000, with the dual profiles of Andrés Bonifacio and Apolinario Mabini on obverse and the 1993 logo of the Bangko Sentral ng Pilipinas on the reverse. The current version, issued since 2017, features a portrait of Apolinario Mabini on the obverse side and the Kapa-kapa and the current logo of the Bangko Sentral ng Pilipinas on the reverse side.

Firstly, the ten peso coin was produced in conjunction along with the ten peso note, which commenced from the year 2000 to 2001. However, production for the ten peso note became obsolete when the Bangko Sentral ng Pilipinas (BSP) stopped printing the banknotes in 2001.

Design

The coins are composed of nickel-plated steel. The diameter of the coins are 27mm, and a mass of . The coins' edges are reeded with edge lettering. The obverse side of the coin features a portrait of only Apolinario Mabini, unlike before in the BSP Coin series which also featured a profile of Andrés Bonifacio alongside Mabini.

History

Independence

BSP Coin Series

On July 10, 2001, BSP issued the 10-piso coin for general circulation to commemorate its 8th anniversary. It has the profiles of Andrés Bonifacio and Apolinario Mabini in a con-joint or in tandem manner on the obverse side. The reverse side bears the seal of the Bangko Sentral ng Pilipinas which is consistent with the common reverse design of the other six denominations. This has been an additional denomination to the current coin circulation and a replacement for the 10-piso New Design/BSP Series banknote.[1]

New Generation Currency Coin Series

Issued in 2017, the ten piso coin features a portrait of Apolinario Mabini, the denomination and year of issue on the obverse. The reverse side features the Kapa-kapa (Medinilla magnifica) flower and the current logo of the Bangko Sentral ng Pilipinas.

Version history

Commemorative coins

The Bangko Sentral ng Pilipinas (BSP) issued a commemorative ten peso coin in 1988 to commemorate the 1986 People Power Revolution.

BSP also released a commemorative ten peso coin on December 18, 2013, to commemorate the 150th Birth Anniversary of the leader of Katipunan, Andrés Bonifacio.[2]

On December 19, 2014, the Bangko Sentral ng Pilipinas (BSP) published an announcement that three new limited edition, commemorative circulation coins, including Apolinario Mabini 150th anniversary commemorative 10 peso coin, which was released three days later. Another commemorative coin was released on December 22, 2015, commemorating the 150th birth anniversary of Miguel Malvar.[3]

Notes and References

  1. Web site: Bangko Sentral ng Pilipinas - BSP Notes and Coins - Coins in Circulation. www.bsp.gov.ph. 2016-03-25.
  2. News: Philippine Information Agency. BSP circulates Bonifacio commemorative coin. 17 December 2013. 17 December 2013.
  3. News: Pinoy Numismatist Network. 2014 Commemorative Coins. 20 December 2014. 20 December 2014.