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UESTIONED

Q DOCUMEN T
PRESENTED BY:GROUP 7
ESPARCIA, LEAH MAE
DEL MUNDO, PAMELA
MEDINA, MERRIAH
REPIL, RALPH RUIZ
REYES, KYLENE
CONTENT
COMMEMORATIVE
MONEY

SPECIAL MONEY

TRIVIA, FACTS,
DEFORMED
COMMEMORATIVE COINS

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. The
following are the commemorative Philippine Peso coins issued
since 1947:
COMMEMORATIVE COINS
(Pre-1980)
Liberation of the Philippines 100th Birth Anniversary 100th Birth Anniversary
100th Birth Anniversary
from the Japanese by Gen. of Andres Bonifacio of Apolinario Mabini
of Jose Rizal 1961, 50-s
Douglas MacArthur 1947, 1963, 1-piso 1964, 1-piso
& 1-p Demonetized
50-s & 1-p Demonetized Demonetized Demonetized

25th Anniversary of BSP 1974,


100th Birth Anniversary of Pope Paul VI visit to the Philippines
25th Anniversary of Bataan 25-piso Legal tender up to 30
Emilio Aguinaldo 1967, 1- 1970, 1-piso Legal tender up to 30
Day 67, 1-piso Demonetized April 2019; considered
piso Demonetized April 2019; considered demonetized
demonetized starting 1 May
starting 1 May 202
2020
3rd Anniversary of Ang Bagong Inauguration of the Security Printing
3rd Anniversary of Ang Bagong 1976 Annual Meeting of Boards of
Lipunan Sept. 2, 1972 1975, 50- Lipunan 1977, 1500- &5000-piso Plant and Mint Complex 1977, 50-
Governors 1976, 50-&1500-piso
&1000-piso Legal tender up to 30 piso Legal tender up to 30 April
Legal tender up to 30 April 2019; Legal tender up to 30 April
April 2019; considered demonetized 2019; considered demonetized
considered demonetized starting 1 2019; considered demonetized
starting 1 May 2020 starting 1 May 2020
May 2020 starting 1 May 2020

Inauguration of the Security 100th Birth Anniversary of Pres. International Year of the
United Nations (UN) Conference on
Printing Plant and Mint Complex Manuel L. Quezon 1978, 25- & Children 1979, 50-piso Legal
Trade and Development 1979, 25-piso
1978, 1500-piso Legal tender up 50-piso Legal tender up to 30 tender up to 30 April 2019;
Legal tender up to 30 April 2019;
April 2019; considered considered demonetized
to 30 April 2019; considered considered demonetized starting 1
demonetized starting 1 May 2020 starting 1 May 2020
demonetized starting 1 May 2020 May 2020
COMMEMORATIVE COINS
(1980s)
100th Birth Anniversary of Pope John Paul II visit to the 40th Anniversary of Bataan -
Pope John Paul II visit to the World Food Day 1981, 25-
Gen. Douglas MacArthur 1980, Philippines 1981, 50- &1500- Corregidor World War II 1982,
Philippines 1980, 1500-piso piso Legal tender up to 30
25- & 2500-p Legal tender up piso Legal tender up to 30 50- &1500-piso Legal tender
Legal tender up to 30 April April 2019; considered
to 30 April 2019; considered April 2019; considered up to 30 April 2019;
2019; considered demonetized demonetized starting 1 May
demonetized starting 1 May starting 1 May 2020 demonetized starting 1 May 2020 considered demonetized
2020 2020 starting 1 May 2020

University of the Philippines 1986 State visit of Corazon


Marcos - Reagan 1982, 25- Diamond Jubilee 1983, 100- World Wildlife Fund 1987, People Power Revolution
Aquino to the United States of
piso Legal tender up to 30 200-piso Legal tender up to 30 1987, 10- & 500-piso
piso Legal tender up to 30 America 1986, 25- & 2500-piso
April 2019; considered April 2019; considered Legal tender up to 30 April
April 2019; considered Legal tender up to 30 April
demonetized starting 1 May demonetized starting 1 May 2019; considered demonetized
demonetized starting 1 May 2019; considered demonetized
2020 2020 starting 1 May 2020
2020 starting 1 May 2020
COMMEMORATIVE COINS
(1990s)
100th Birth Anniversary of Elpidio 1991 Southeast Asian Games
Save the Children 1990, 200-p Legal 400th Anniversary of Antipolo, Rizal
Quirino 1990, 2-piso Legal tender 1991, 150-piso Legal tender up 1991, 1-piso Legal tender up to 30
tender up to 30 April 2019;
up to 30 April 2019; considered to 30 April 2019; considered April 2019; considered demonetized
considered demonetized starting 1
demonetized starting 1 May 2020 demonetized starting 1 May starting 1 May 2020
May 2020
2020

100th Birth Anniversary of Jose P. 50th Anniversary – Araw ng 100th Birth Anniversary of Manuel
6th Anniversary – Restoration of
Laurel 1991, 2-piso Legal tender up Democracy 1992, 10000-piso Kagitingan 1992, 1-piso Legal tender Roxas 1992, 2-piso Legal tender up to
to 30 April 2019; considered Legal tender up to 30 April 2019; up to 30 April 2019; considered 30 April 2019; considered
demonetized starting 1 May 2020 considered demonetized starting demonetized starting 1 May 2020 demonetized starting 1 May 2020
1 May 2020
50th Anniversary – Leyte Gulf Landing Asia Pacific Economic Centennial Anniversary Jose Rizal
Pope John Paul Visit to the
1994, 50-, 100- & 1000-piso Legal Cooperation Conference 1996, Martyrdom 1996, 500-piso Legal
Philippines 1995, 100-, 200-, 2500-
tender up to 30 April 2019; considered tender
& 5000-piso Legal tender 2000-piso Legal tender
demonetized starting 1 May 2020

Centennial Anniversary – Andres Centennial Anniversary - Carlos P. Centennial Anniversary- Emilio


50th Anniversary – Central Banking
Bonifacio 1997, 500-piso Legal Romulo 1998, 500-piso Legal Aguinaldo 1998, 500-piso Legal 1999, 500-& 5000-piso Legal tender
tender tender tender
COMMEMORATIVE COINS
(2000s-Present)
150th Anniversary – Jose Rizal 10-piso Bonifacio 5-piso Bagong Bayani 10-piso 150th year of 5-piso 70th Anniversary of
2011, 1-piso Legal tender Commemorative Coin Commemorative Coin in Philippine Hero Apolinario the Leyte Gulf Landing
honor of Overseas Filipinos Mabini

Miguel Malvar 1-piso 100 years of Rev. 1-piso 150 years of Gen. 1-piso 150 years of Gen. Isidro
Commemorative Coin Horacio Dela Costa Artemio Ricarte Torres
50-piso and 500-piso Pope
Francis Papal Visit
10-piso commemorative 1-piso Commemorative
10,000-piso 70 years of
circulation coin for the 150th Circulation Coin for the 500-piso 70 years of Central 500-piso 25th Anniversary of
Central Banking in the
Birth Anniversary of Philippine Chairmanship of the Association Banking in the Philippines the BSP
Philippines
Hero General Antonio Luna of Southeast Asian Nations

100-piso 150th Birth 100-piso 100th Death 100-piso 150th Birth


Anniversary of Teresa Anniversary of Mariano Anniversary of Emilio
Magbanua Aguinaldo 5-piso, 10-piso, 100-piso 125th
Ponce
Anniversary of Philippine
Independence and Nationhood
COMMEMORATIVE NOTES
Commemorative notes are being issued by the Bangko Sentral ng Pilipinas
(BSP) to memorialize an event of historic significance to the country. Usually,
these are in limited volume, set apart from the banknotes intended for
circulation, and overprinted with an emblem or text descriptive of the theme
or occasion being celebrated. In 1998, when the Philippines celebrated 100
years of independence from Spanish rule, the BSP issued commemorative
notes specially designed `for the occasion which were made bigger than the
circulation notes. The following are some example of commemorative
banknotes in the Philippines.
Inauguration of Pres. Ferdinand Marcos Pope John Paul II visit to the
1981, 10-piso Philippines 1981, 2-piso

Canonization of Blessed Lorenzo Ruiz


Pres. Corazon Aquino visit America
1987, 5-piso
1986, 5-piso

40th Anniversary of Bangko Sentral


Kababaihan Para sa Kaunlaran 1990,
ng Pilipinas 1989, 5-piso
5-piso
Pope John Paul II visit to the
2nd Plenary Council of the Philippines
Philippines 1981, 2-piso
1990, 5-piso

100,000-piso Centennial Commemorative Notes 2,000-piso Centennial Commemorative Notes 1998,


1998, 100,000-piso 2,000-pisoo

50 Years of Central Banking in the International Year of Microcredit


Philippines 1999, 50-piso 2004, 20-piso
UP Logo 2008, 100-piso
60th Anniversary of Central Banking in the Philippines 2009, All 6
denominations

400th Anniversary of the University of Sto. Tomas


UP College of Law Centennial Celebration 2011,
2011, 200-piso
100-piso

Ateneo Law School 2011, 100-piso ADB - Manila 2012 Board of Governors Annual Meeting 2012, 500-piso
Commemorative Coins and Notes
Available for Sale
SPECIAL MONEY
Special money and commemorative money are terms that are
sometimes used interchangeably to refer to currency that is
issued to celebrate or honor a person, place, or event of
historical or cultural significance. However, there may be some
differences between them depending on the context and the
country of origin.

Not all special money are commemorative money. Special


US-Philippines 1907 Proof Peso,
money is a general term for any money that is not part of the which has the serial number
regular circulation of currency, such as collector’s items, 00000001 and is the only one of
its kind. Just two examples were
souvenir coins, etc. It can also refer to different types of money produced by the Philadelphia
Mint. Sold for nearly $1 million in
that have some unique or distinctive features, such as design, 2018.
serial number, rarity, or history.
TRIVIA
&
FACTS
PILONCITOS, which
are small pieces of
gold, became the first
form of coinage
during Pre-Hispanic
Era in the Philippines.

In 1998, the 100,000-piso Centennial banknote, measuring 8.5″x14″, accredited by


the Guinness Book of World Records as the world’s largest legal tender note* was
issued in a limited quantity of 1000 pieces to commemorate the celebration of the
Centennial of Philippine Independence.
The first paper money
in circulation was the
pesos fuertes which
were issued by the
country's first bank,
the El Banco Espanol
Filipino de Isabel II.

When Japan invaded the Philippines during World War 2, they issued their own Peso.
This money was nicknamed “Mickey Mouse money” by the locals due to the low
monetary value and a play money look. It was later turned against the Japanese by the
US as propaganda leaflets.
The Philippine peso is also known as “piso” in
Filipino. The word “piso” comes from the Tagalog
word “piso”, which means “a piece of broken
pottery or glass”. This is because the early coins
were often broken or clipped to make change 2

20 PESO BILLS are being the most used denomination, ₱20 bills are
easily spoiled and is the fastest to be returned to the BSP for
replacement. So, the Bangko Sentral ng Pilipinas (BSP) announced
that the 20 peso note will be replaced with a coin due to the
overuse of the banknote, since each individual note only lasts about
a year in circulation while a 20 peso coin lasts for 10 to 15 years..
Before 1967, the language
used in the notes and coins of
the Philippines was English.
Then it was known as "Peso".
But a short time later the
name was used in Filipino,
changing its name to the
"Piso" currency.

The Philippine bill currency is made of 80% cotton and 20% abaca
fibers, which make them more durable and resistant to
counterfeiting
An error in 2005 created rare
peso notes for collectors.
About 78 million 100-peso
notes printed in the early
2000s had a major typography
error: President Gloria
Macapagal Arroyo’s surname
was misspelled as “Arrovo.”
Only 2 million of these notes
ended up in circulation, but
today, they’re considered a
rarity for currency collectors.

During WWII, special pesos were printed to


undermine Japanese occupation known as
“guerrilla pesos,” this currency was used by the
local government to defy Japanese occupiers, who
attempted to circulate their own version of the
peso. In fact, until 1944, it was illegal to possess
or use guerrilla pesos.
The 200 Philippine peso bill is considered rare
because it was only issued in limited quantities.

The Philippine currency has six security features to prevent


counterfeiting. These features include a watermark, security thread, see-
through register, optically variable ink, serial number, and embossed
prints.
DEFORMED
Deformed bills and coins are those that have been damaged, mutilated, or altered in
some way that affects their appearance or value. Some examples of deformed bills
and coins are:

Torn or cut bills: These are bills that have been ripped or sliced into pieces.
Depending on the extent of the damage, they may or may not be accepted as
legal tender. Generally, a bill must have at least 50% of its original size and both
serial numbers intact to be considered valid.

Burnt or stained bills: These are bills that have been exposed to fire, water,
chemicals, or other substances that cause discoloration or deterioration. They may
also be accepted as legal tender if they meet the minimum size and serial number
requirements
DEFORMED
Counterfeit bills: These are bills that have been forged or copied illegally to resemble genuine
bills. They have no value and are considered a crime to produce or use. They can be detected
by checking the security features of the bills, such as the watermark, hologram, security thread,
and color-shifting ink.

Filing, clipping, or perforating coins: These are coins that have been tampered with by
removing or adding metal from their edges or surfaces. This can affect their weight, shape, or
design. They are not accepted as legal tender and are considered demonetized.

Demonetized coins and notes: These are coins and notes that have been withdrawn from
circulation by the central bank and have no monetary value. They may have historical or
collector’s value, but they cannot be used for transactions. Some examples of demonetized
coins and notes in the Philippines are the cowries, piloncitos, cobs, dos mundos, barrillas, peso
fuertes, and the English, Pilipino, Ang Bagong Lipunan, Flora and Fauna, and New Design
series.
DEFORMED
According to the Bangko Sentral ng Pilipinas (BSP), the deformed money in the Philippines is either
exchanged for new currency or submitted for reimbursement, depending on the degree of
mutilation.

The BSP defines mutilated currency as banknotes or coins that have been torn, burned, stained, or
otherwise damaged. The BSP has guidelines on how to handle mutilated currency, which include the
following steps:

Sort the mutilated currency by denomination and type (banknote or coin). Count the number of
pieces and the total face value of the mutilated currency.
Fill out the application form for exchange or reimbursement of mutilated currency, which can be
downloaded from the BSP website or obtained from any BSP office.
Submit the application form and the mutilated currency to any BSP office or authorized agent
bank. Wait for the evaluation and approval of the BSP or the agent bank.
Receive the new currency or the reimbursement amount.
The BSP may reject the exchange or
reimbursement of mutilated currency if:
The mutilated currency is less than 60% of its original size
or weight.
The mutilated currency is deliberately defaced, altered, or
tampered with.
The mutilated currency is counterfeit or forged.
The mutilated currency is contaminated with hazardous
substances or biological agents.

The mutilated currency that is submitted to the Bureau of


Engraving and Printing (BEP) or the Bangko Sentral ng Pilipinas
(BSP) is usually destroyed after it is validated and redeemed.
The BEP and the BSP have different methods of disposing of
the damaged currency, such as shredding, recycling, or
composting
THANK YOU!

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