Bangko Sentral issuing 10M 1-peso commemorative Asean coins
The Bangko Sentral ng Pilipinas will issue 10 million pieces of the P1 coin commemorating the Philippines’ chairmanship of the Asean this year.
The commemorative circulation coin, being a legal tender, “can easily reach the public and promote greater awareness of the Asean cooperation.”
The coin was unveiled by President Duterte and BSP Governor Amando M. Tetangco Jr. during the launch of the Philippines’ Asean 2017 chairmanship in Davao City on Jan. 15.
This year marks Asean’s golden anniversary, having been established in 1967.
“The obverse side of the coin bears the various elements of the logo of the Philippines’ chairmanship of Asean in 2017,” the BSP said.
“It includes 10 stars representing the 10 member-states with their names engraved in micro text on the right side. On the edge is the theme ‘Partnering for Change, Engaging the World.’ The Asean emblem is at the center with the images of the sun and dove symbolizing prosperity and peace; while the Filipino ancient alphabet ‘baybayin’ mintmark of the BSP mint appears at the bottom.”
“The reverse side depicts the relief of our national hero Jose Rizal’s monument, the Filipino symbol of courage and patriotism. The seal of the BSP appears on the right side with the micro text ‘Asean 2017’ filling the background. The markings ‘Republika ng Pilipinas’ are engraved on the upper right. The coin’s denomination appears in the lower side of the coin and below it is the list of the Asean member-states,” the BSP added.
