Bangko Sentral ng Pilipinas Releases Commemorative Coins

Remember when Php5 was our lowest denomination on paper bills? I was a wee girl when my daily allowance would consist of about four of those green bills with Emilio Aguinaldo’s face on them, and that used to be enough for recess and lunch.


Today, Emilio Aguinaldo is still the face of Php5, but his profile is on a big round coin instead of on a paper bill (and no way is Php20 going to get you through the day anymore, but I digress).


To us Filipinos, coins are literally considered chump change or “barya” since their individual denominations are quite low. We use them to pay for public transport fares and to purchase sundry items at the sari-sari store like mints, individual cigarettes, and if you’re really in a pinch, a sanitary napkin or two. (Don’t ask.)

Philippine Coins

Image Credit: Kritik Baskets


Once in a while, however, the Bangko Sentral ng Pilipinas (BSP) issues special coins that are worth far more than a couple of Ninoy Aquino bills, at least where collectors are concerned. So far, they’ve released a one-peso coin in honor Jose Rizal’s 100th birthday back in 1961, a Php1,500 coin to commemorate Pope John Paul’s 1980 visit, and a Php500 silver coin featuring Emilio Aguinaldo for 1998’s centennial celebrations.


Last August 24, they announced that they will be releasing limited edition commemorative coins in honor of three historical figures in Philippine history whose 100th or 150th birth anniversaries occurred last year, namely:


1. Reverend Horacio dela Costa, SJ.


One of the founders of the Philippine Historical Association, he aided Filipino and American soldiers fleeing Japanese prison camps.

  Reverend Horacio dela Costa, SJ.

He was also the first dean of the College of Arts and Sciences at the Ateneo de Manila University and the first Filipino provincial head of the Society of Jesus in the Philippines.


2. Gen. Artemio Ricarte 


Ricarte, or Vibora (Viper) as he was known, was elected the Captain General at the Tejeros Convention in 1897.

  Gen. Artemio Ricarte

Though he was later banished to Guam during the Filipino-American War, he refused to take the oath of allegiance to the United States.


3. Gen. Isidro Torres 


“Matanglawin,” as he was sometimes called, attained the military governor ranking for Bulacan after he was named brigadier general by former President Emilio Aguinaldo.

  Gen. Isidro Torres

Gen. Torres even represented the Palaos Islands (Palua) in the Malolos Congress, but refused a seat in the Bulacan government when the Americans offered it to him.


According to the BSP, the obverse side of each coin will feature the individual portrait of each historical figure, while the reverse side will be inscribed with the Php1 denomination, the monkey-eating eagle’s silhouette, the BSP seal, and the year wherein the coins were minted.

  BSP Commemorative Coins

Commemorative coins are usually produced to honor a specific person, place, or event that played a significant part in Philippine history. So, the next time you receive your remittance at the bank or at the payment center, you may want to take a closer look at any coins you get. One of them could be worth a whole lot more in the next few years.

Serena Estrella

Serena joined Remit back in 2016, and has tormented its Marketing Head constantly ever since. To get through the rigors of writing about grave concerns like exchange rates, citizenship requirements, and PH-AU news, she likes to blast Mozart, Vivaldi, ONE OK ROCK, and Shigeru Umebayashi in the background. She does a mean Merida voice in her spare time too.


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