Central bank launches commemorative coins
THE CENTRAL BANK has launched a new commemorative coin set for the 125th Anniversary of Philippine Independence and Nationhood.
On Monday, the Bangko Sentral ng Pilipinas (BSP) issued the coin set with 100-Piso, 20-Piso and 5-Piso denominations.
The 100-Piso coin celebrates the declaration of Philippine independence in 1898, while the 20-Piso coin commemorates the birth of the country’s first republic at the Barasoain Church in Malolos, Bulacan.
Meanwhile, the 5-Piso coin honors the Filipinos who fought in the Philippine-American War in 1899 for the country’s sovereignty.
The central bank used the latest digital printing technology in creating the coin set, which features the first colored, non-circulation, commemorative coins developed by the BSP.
The BSP will announce when the coin set will be available for sale.
In his speech during the launch event with President Ferdinand R. Marcos, Jr. in Malacañan Palace, BSP Governor Felipe M. Medalla said the three colors on the coins represent aspirations: the blue color for kapayapaan (peace), red for kagitingan (valor), and yellow for kalayaan at soberanya (freedom and sovereignty).
“As such, we are issuing these commemorative coins as part of BSP’s effort to preserve the cultural heritage and promote pride in our shared history,” Mr. Medalla said. — Keisha B. Ta-asan
