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Highest Extrinsic Value for Philippine Commemorative Coin

I have been searching the net trying to look for any information about Philippine Coins. This is probably not the grandest info you’ll come across about Philippine coin but still, what the heck!

Bangko Sentral ng Pilipinas have issued a lot of commemorative coins for past presidents of the country. If you ever wonder who they are:

Emilio Aguinaldo
Manuel L. Quezon
Sergio Osmeña
Manuel Roxas
Diosdado Macapagal
Ferdinand E. Marcos
Corazon C. Aquino
Fidel V. Ramos
Joseph Ejercito Estrada
Gloria Macapagal–Arroyo

Commemorative coins may vary in size with the ordinary circulation coins. These coins were minted to honor a specific person or recognize the significance of a place or event that made a mark in the history of Philippines. Most of these commemorative coins are minted from precious metals like gold and silver making them extraordinary and more expensive.


Other than circulation coins, the BSP also issues commemorative coins which are also legal tender. Commemorative coins are produced in limited quantities and are issued to commemorate special events or persons.

Commemorative coins may either be:

Proof Quality coins are those with frosted design with mirror-like background finish.

Brilliant Uncirculated Quality coins are taken from the first 50 strikes of from a brand-new set of minting dies.

Circulation Quality coins conform with the specification of the series currently in circulation with the design changed to the event or person being commemorated.

However, year 1992, BSP issued a commemorative coin with the highest extrinsic value ever made. This is the 10,000-peso value Corazon Aquino coin.

A post-Marcos commemorative from the Philippines, celebrating the sixth anniversary of the "People Power" revolution that toppled Marcos. A bust of Corazon Aquino occupies the obverse. Note the restoration of the word "pesos" instead of the previous "piso." Ten thousand pesos is about US$208 (June 2009), and it was about $390 when it was minted in 1995.


Its composition includes:

Theme
6th Anniversary - Restoration of Democracy

Obverse
Philippine map & constitution, dove flying towards the ray of light, "1986", "1992", "Democracy Restored * VI Anniversary *"

Reverse
Portrait of Pres. Cory Aquino, "President Corazon C. Aquino", "Republic of the Philippines * 10000 Pesos *"

Year  
1992

Denomination 
10,000-piso

Precious Metal Component
Gold

I personally, being a numismatist, am looking forward someday to own one 😉

Cheerio!


This post first appeared on Zurcaled World, please read the originial post: here

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Highest Extrinsic Value for Philippine Commemorative Coin

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