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The Philippine five-peso coin (₱5) is the third-largest denomination of the coins of the Philippine peso.. Three versions of the coin are in circulation, the version from the BSP Series which was issued from 1995 to 2017, the original round coin from the New Generation Currency Coin Series issued from 2017 to 2019 and the nonagonal (9-sided shape) version since 2019.
The Philippine peso is derived from the Spanish dollar or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen.
On December 22, 2014, the BSP issued three commemorative coins, a five-peso coin to commemorate the 70th anniversary of the Leyte Gulf Landings, [2] a five-peso coin honoring Overseas Filipinos with the theme "Bagong Bayani" [2] and a ten-peso coin celebrating the 150th anniversary of the birth of Apolinario Mabini. [2]
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals, and related objects.. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods.
A commemorative coin is a coin issued to commemorate some particular event or issue with a distinct design with reference to the occasion on which they were issued. Many coins of this category serve as collector's items only, although some countries also issue commemorative coins for regular circulation.
Coins or currency which must be accepted in payment of debt. legend The principal inscription on a coin. [1] lettered edge The outside edge of a coin containing an inscription. [1] low relief A coin with the raised design not very high above the field. luster The appearance of a coin's ability to reflect light; brilliance.
1. The Bagong Bayani Commemorative Coin in honor of Overseas Filipinos on the 5-piso circulating coin; 2. The 150th year of Philippine Hero Apolinario Mabini on the 10-piso circulating coin; and 3. The Leyte Landing which was a turning point for the liberation of the Philippines during World War II on the 5-piso circulating coin.
Photos of the new coin were released in December 2019, along with the "enhanced" 5 peso coin, confirming their designs. [4] The coin was initially planned to be released in late 2019 or early 2020. [5] In another December 2019 report, it was reported that 500,000 coins of the new denomination were released, with more to be minted in 2020. [6]