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Bangko Sentral Issues 10-Piso Coin

07.10.2001

The Bangko Sentral ng Pilipinas (BSP) has issued a new 10-piso coin for general circulation to commemorate its 8th year anniversary. This is an additional denomination to the current coin series in circulation consisting of 5-piso; 1-piso; 25-sentimo; 10-sentimo; 5-sentimo and 1-sentimo.

The 10-psio is bi-metal, creating a two-color combination with the ring made of cupro-nickel (75% copper and 25% nickel) that surrounds the golden color inner core made of aluminum bronze. It is a little smaller in diameter but thicker than the existing 5-piso coin, making it easily identifiable even by the blind and sight-impaired.

The new coin is also round and intermittently reeded with a diameter 26.5 mm and has the following features:

Obverse:

Profiles of both Andres Bonifacio and Apolinario Mabini in a con-joint or in tandem manner. Bonifacio is at the front of Mabini with the words " REPUBLIKA NG PILIPINAS" inscribed along the periphery of the coin while the year is placed below the profiles. 

Reverse:

Seal of the Bangko Sentral ng Pilipinas which is consistent with the common reverse design of the existing six-coin series.

The new 10-PISO coin and the existing 10-PISO banknote, which also features Bonifacio and Mabini, including the 5-PISO note are legal tender and acceptable in daily transactions.

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