The BSP assured that the new 20-peso coin will retain 'major elements' of the bill, and will contain features that are 'easily distinguishable' from other coins. Apart from the new coin, the central bank is also set to release an 'enhanced' version of the P5 coin to make it 'more distinct from other NGC coin series. Spinout elvis movie. Mexico first issued the 20 peso gold coin featuring the Aztec Sun Stone in 1917. Production continued until 1921, and then paused until 1960. Over the course of 11 years, more than 6 million of the 20 peso coins were minted, and carried the date of '1959'. Assess world coin values with the World Coin Price Guide on NGCcoin.com. View Mexico ESTADOS UNIDOS MEXICANOS 20 Pesos prices, images and mintage info.
Value | 20.00 Philippine pesos |
---|---|
Mass | 11.50 g |
Diameter | 30 mm |
Thickness | 2.05 mm |
Edge | Plain with edge inscription of 'BSP' in italics at six angles |
Composition | Bi-metallic (Copper-plated steel ring with a Nickel-plated steel center plug) |
Years of minting | 2019–present |
Obverse | |
Design | 'Republika ng Pilipinas'; Portrait of Manuel Quezon; Value; Microprint of 'Republika ng Pilipinas'; Year of minting; Mint mark |
Reverse | |
Design | Scyphiphora (Nilad); logo of the Bangko Sentral ng Pilipinas; Malacañang Palace; Microprint of 'Bangko Sentral ng Pilipinas' |
Designer | BSP 'Bangko Sentral ng Pilipinas' |
Design date | 2019 |
The Philippine twenty-peso coin (₱20) is the largest denomination coin of the Philippine peso.
History[edit]
New Generation Currency Series: In July 2019, the Bangko Sentral ng Pilipinas (BSP) announced that the 20 peso note will be changed into a coin due to the overuse of the banknote, since each individual note only lasts a year in circulation whereas a 20 peso coin but would last for 10 to 15 years even if it costs more to manufacture. The decision is based on a research by the University of the Philippines. In September 2019, the ₱20 coin was finally designed, with BSP Governor Benjamin Diokno mentioning that the design would retain Manuel L. Quezon as the person on the obverse,[1] that the coin would be bi-metallic with a bronze-plated steel outer ring and a nickel-plated steel center and that it will be slightly bigger than the P10 coin. He also mentioned there would be other features making it distinct from the other New Generation coins.[2] Photos of the new coin were released on 17 December 2019, along with the 'enhanced' 5 peso coin, confirming their designs.[3] The coin was initially planned to be released in late 2019 or early 2020,[4] and in another 17 December report, it was reported that 500,000 coins of the new denomination were released, with more to be minted in 2020.[5]
New Generation Currency Series (2019–present) |
---|
Obverse |
Reverse |
References[edit]
- ^Lopez, Melissa Luz (26 July 2019). 'Manuel Quezon to remain the face of new ₱20 coins'. CNN Philippines. Retrieved 29 July 2019.
- ^Lucas, Daxim L. (15 October 2019). 'BSP to launch in December new P20 coin to replace banknote'. Philippine Daily Inquirer. Retrieved 15 October 2019.
- ^Rodriguez, Bruce T. (17 December 2019). 'Bangko Sentral launches new P20 coin, enhanced P5'. ABS-CBN News. Retrieved 17 December 2019.
- ^'Bangko Sentral to create P20 coin'. Rappler. 17 July 2019. Retrieved 29 July 2019.
- ^Zialcita, Sandra (17 December 2019). 'LOOK: Here are the new ₱5, ₱20 coins'. CNN Philippines. Retrieved 20 December 2019.
20 Peso Coin 1981
The Bangko Sentral ng Pilipinas (BSP) released the new 20 peso coins and the enhanced 5 peso coins which are the latest to be circulated under the BSP's New Generation Currency (NGC) Coin Series.
The New 20 Peso Coin
The use of the 20 Peso coin—which is now the highest denomination in the NGC Coin Series launched in 2018—is more cost-efficient to produce as it will have a longer circulation life than a 20-Piso banknote. According to a study by the University of the Philippines, the 20-Piso banknote is the most-used denomination for payments across the country. As a result, it is easily rendered unfit for circulation and returned to the BSP for replacement.
Read Also: How to check if your banknotes are genuine? | BSP Advisory
20 Peso Coin Bezel
The new 20-Piso NGC coin shall co-exist as legal tender with the currently-circulating 20-Piso NGC banknote, which will be removed from circulation through natural attrition.
The new coin retains major elements of the 20-piso banknote. The coin's front side features Manuel L. Quezon, the first president of the Philippine Commonwealth who advocated the adoption of the national language, created the National Economic Council, and worked ardently for Philippine independence.
Its reverse side shows the BSP logo and the Malacañan Palace, the official residence of the Philippine President. Manuel L. Quezon was the first Philippine president to occupy it in his term.
Consistent with the NGC Coin Series which highlights native flora, the 20-Piso coin showcases the Nilad, the plant from which the name of the country's capital, Manila, is believed to have originated. Likewise, the Nilad's star-shaped flowers were said to be once clustered in abundance along the banks of the Pasig River where the Malacañan Palace is situated.
20 Peso Coin Size
The bi-color 20-Piso NGC coin is easily distinguishable from other coins in the series. It is also highly secure, as it has microprints and an identifiable edge to deter counterfeiting.
The Bangko Sentral ng Pilipinas (BSP) released today the new 20-Piso and the enhanced 5-Piso coins which are the latest to be circulated under the BSP's New Generation Currency (NGC) Coin Series.
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The Enhanced 5 Peso Coin
The BSP also released today the enhanced 5 Peso NGC coin with nine sides to make it more distinct from other denominations in the NGC Coin Series.
The 5 Peso coin also 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.'
20 Peso Coin Philippine
The design of the country's newest coins is approved by the President of the Philippines. The BSP enjoins the public to properly use and recirculate our Philippine coins for their economic and cultural value.
$20 Peso Coin
Originally Published at bsp.gov.ph