BSP unveils new 5-peso coin » Manila Bulletin News



To commemorate the 154th birthday of Andres Bonifacio, the Bangko Sentral ng Pilipinas (BSP) has announced a new design for the five-peso coin featuring the great Filipino hero.

The new design was revealed Wednesday, November 29, ahead of the other newly-designed coins under the New Generation Currency (NGC) Coin Series. The new P5 coin will be circulated starting December 1, with the rest of the denominations scheduled for next year.

The obverse of the 7.5 gram coin bears the inscription, “Republika ng Pilipinas” and the name and profile of the Father of the Philippine Revolution.  The reverse of the coin features a Philippine plant called “Tayabak” and the BSP logo. Aside from its fresh design, the coins boast of “corrosion resistance” abilities and were reportedly enhanced to prevent forgery.

The new 5-peso coin in circulation now /Bangko Sentral ng Pilipinas/MANILA BULLETIN

The new design garnered different–but mostly positive–reactions from netizens. Some Facebook users noted the irony behind Bonifacio replacing his supposed “killer” in the P5 coin.

The old P5 coin bearing Gen. Emilio Aguinaldo on its obverse were issued and circulated since 1991.  The first Philippine president allegedly ordered the execution of Bonifacio and his brother, Procopio, for refusing to submit to his revolutionary government as the country’s commander-in-chief.  Although the intrigue between Aguinaldo and Bonifacio remains unresolved, Filipinos on Facebook had a field day on the topic.

History aside, the netizens also shared their opinions regarding the look of the new design. Some criticized its color, arguing that its similarity with the color of the one-peso coin makes it difficult to distinguish.

The 5-peso coin is just one of the few commemorative coins to be released in the near future. The coins will feature the country’s national heroes as well as flora endemic in the Philippines. (Hans Amancio, MB Online)

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