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BSP Issues 10-Piso Bonifacio Commemorative Coin

12.17.2013

BSP ISSUES 10-PISO BONIFACIO COMMEMORATIVE COIN

The Bangko Sentral ng Pilipinas (BSP) today announced the circulation of a ten-piso legal tender coin to highlight the nationwide celebration of the 150th birth anniversary of Filipino patriot Gat. Andres Bonifacio. The BSP has previously issued P1-piso legal tender commemorative coins for the 150th birth anniversary of Dr. Jose Rizal.

Widely regarded as one of the Philippines’ greatest heroes, Andres Bonifacio was a dynamic leader who founded the Katipunan, the nationalistic society that ignited the flames of the revolution which led to the declaration of Philippine independence in 1898.

The portrait of the Father of the Philippine revolution is etched on the obverse of the coin, along with the markings, “150 years,” “Republika ng Pilipinas” and “2013.” The reverse side, meanwhile, features the BSP seal, the signature of the hero, the Bonifacio monument and the markings, “150 years,” “1863-2013” and “Dangal at Kabayanihan.”

The BSP will produce 10 million pieces of the Bonifacio commemorative coin which has the same size (26.5-millimeters in diameter) and weight (8.70 grams) as the ten-piso coin currently in circulation.

The issuance of the coin was recommended by the BSP’s Monetary Board and approved by the Office of the President.

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