philicommem

By CoinWeek News Staff….

 

The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) announced today that it will release three new circulating commemorative coins starting December 22.

One commemorative, a 5-piso coin, will honor Filipinos who work overseas and are an important part of the Philippine economy.

A 10-piso coin will celebrate the 150th anniversary (or sesquicentennial, if you will) of the birth of Apolinario Mabini, a leader of the Filipino Revolution and the first prime minister of the Philippines.

A second 5-piso will commemorate the Leyte Landing, when Allied forces under General Douglas MacArthur invaded the Philippines in World War II in order to liberate the island nation from the Japanese. A picture of General MacArthur famously wading through knee-high water to the shore at Leyte is one of countless immortal images from the war; an image of that picture is featured on the obverse.

Bangko Sentral ng Pilipinas (BSP) previously honored Filipino revolutionary leader Andrés Bonifacio on a 2013 10-piso coin, and the 150th birthday of revolutionary and poet José Rizal on a 2011 1-piso circulating commemorative.

BSP is also preparing for Pope Francis I’s arrival in the Philippines, which will take place in January, 2015. The bank will Mint 50-piso and 500-piso commemoratives in time for his visit.

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