At first, the “Macuquinas” or “Cobs” were used. The Spaniards finally colonized the Philippines on the 16th century where they introduced the same type of coins they used in Spain and Mexico. To support this claim, Archeologists have recovered various gold treasures or artifacts (which include gold rings) and some Oriental Ceramic wares in the country. In between the 8th to 14th centuries, early Filipinos were known to use “gold rings” in trading goods to the Chinese.

According to some Filipino historians, Filipino ancestors were already trading goods with their own coins made out of pure gold.

Utilization of coins in the Philippines weren’t first introduced by the Spaniards to the Filipinos when they came to colonize the country. Old coins are also much easier to find as compared to the old paper-money because they tend to last much longer especially when properly cared.īoth old coins and paper-money can be pretty expensive which depends on various several factors.Īs a treasure hunter or coin-collector, you may encounter the following old type of coins: As a result, they have varied designs produced at different period of time or era. By the grace of Almighty God our forces stand again on Philippine soil - soil consecrated from the blood of our two peoples.Throughout history, Philippine coins had undergone a lot of changes. 'Leyte Gulf Landing', scene of the landing, '70th Anniversary', '1944-2014' 'Republika ng Pilipinas', profile of Filipinos, 'Bagong Bayani'ĭate of issue, passenger jet, logo of the Bangko Sentral ng Pilipinas, a Filipino family, denomination Logo of the Bangko Sentral ng Pilipinas with a facade of the sun, value, year of minting 'Republika ng Pilipinas', Profile ofJosé Rizal, '150 Years', '1861-2011' On December 22, 2014, the Bangko Sentral ng Pilipinas issued three commemorative coins, a 5 peso coin to commemorate the 70th Anniversary of the Leyte Gulf Landings,a 5 peso coin honoring Overseas Filipinos with the theme 'Bagong Bayani' and a 10 peso coin celebrating the 150th Anniversary of the birth of Apolinario Mabini. Ring: 'Republika ng Pilipinas', year of mintingĬenter: Profiles of Andrés Bonifacio and Apolinario Mabini, value 'Republika ng Pilipinas', Profile of José Rizal, value, year of mintingġ2-pointed scallop border design, 'Republika ng Pilipinas', Profile of Emilio Aguinaldo, value, year of mintingġ2-pointed scallop border design, Logo of Bangko Sentral ng Pilipinas Words 'Bangko Sentral ng Pilipinas' along the border 'Republika ng Pilipinas', value, year of minting State title, Emilio Aguinaldo, year of minting State title, Andrés Bonifacio, year of minting The statement of value appears above her ( Ten, Twenty,and/or Fifty Centavos) in English, while the name of the archipelago is written below in Spanish as FILIPINAS.Ĭommonwealth Commemorative Issues Commonwealth Commemorative Issues Mayon, an almost perfectly conical volcanic mountain southwest of the capital city of Manila. She isĬlad in a long, flowing gown and holds in her right hand a hammer, resting atop an anvil, as seen on the minor coins. The standing figure of an adolescent female was utilized. Around this appeared the legend UNITED STATES OF AMERICA, the mint mark, and the date of coinage. The coat of arms of the Commonwealth of the Philippines.

While the name of the archipelago is written below in Spanish as FILIPINAS. The statement of value appears above him ( One, and/or Five Centavos)in English, Mayon, located on the main island of Luzon. In the distance is seen the smoking volcano of Mt. The figure of an adolescent native, seated at an anvil and holding a hammer in his right hand. (Mints M Manila, D Denver, S San Francisco, no mint mark Philadelphia) Commonwealth Issues In 1937 the Commonwealth Arms were adapted to all circulating coinage. In 1935 when the Commonwealth was established by the Congress of the United States, they issued a three-piece commemorative set (that sold very poorly) to commemorate the occasion. Lady Liberty striking an anvil with a hammer and Mt. Sovereignty (1898–1935)įigure of a man seated beside an anvil holding a hammer and Mt. Formerly circulating coins The Philippines under U.S. In December 2008 a Philippine Congress resolution called for the retirement and demonetization of all coins less than 1 Piso.

Philippine coinage