Wednesday, January 30, 2013

Coin Collection: Trivia about the Philippine 5 Peso Coin

The current Philippine 5 peso coin was first minted in 1995. This replaced the 5 peso bill and the 5 Peso coin of the Improved Flora and Fauna Series. It has a rather simple design and its not a very fancy coin.

 



One interesting fact about the current 5 peso coin is that during 1997 and 1998, some of the 5 peso coins were minted in the Royal Canadian Mint. Oh yes. That would mean that our coins with the year mark 1997 and 1998 are imported. However, not all 1997 and 1998 5 peso coins were minted at the RCM. How can you tell whether or not a 5 peso coin from 1997 or 1998 was made in RCM? Look at the following photos.


The 1997 coin in this photo was minted at the RCM.
Aside from the year mark, what else is different between the two coins?
If you will notice, the 2005 coin has Bangko Sentral's mint mark below Aguinaldo's shoulder.
The 1997 coin has no mint mark.

1997 coins minted at the Royal Canadian Mint (RCM).
These coins are very common and can be easily found in circulation.

A 1998 5 peso coin from RCM surrounded by new, 2011, 1 peso coins.
This is another very common coin in circulation  that is plentiful.
Isn't it cool? The next time you spend a 5 peso coin, check the year mark. You never know, you could be spending an imported coin.

Enjoy!

3 comments:

  1. Sige nga, if not all 1997 and 1998 5 peso coins were minted in RCM, can you find a 1997 or 1998 coin that was minted here??

    ReplyDelete
  2. Bullion Exchanges is a reputable Precious Metals Seller located in New York City's Diamond District.

    They have a wide inventory of products such as, precious metals that range from the gold and silver to platinum & palladium.

    Bullion Exchanges are offering a massive selection of products appealing to first time buyers and for experienced collectors.

    ReplyDelete
  3. eToro is the #1 forex broker for newbie and established traders.

    ReplyDelete