Philippines, 1 piso, 2001

Bigger than the last few…

Philippines, 1 piso, 2001 (KM #269)

Although the Philippine peso and the centimo subunit were named by Spaniards, the words have been adapted to the Filipino-friendly piso and sentimo. This piso dates back to a founding in the 1850s, making it one of the older surviving currencies in the world. The man on this coin is Jose Rizal, a Filipino scholar who advocated peaceful reform of Spanish colonial rule in the Philippines and whose trial and execution by Spanish authorities triggered the Philippine war for independence.

Many collectors are confused by the design of post-1995 Philippine coins. One face of the coin bears the seal of the Central Bank of the Philippines (including the founding year of 1993), while the other side bears the coin’s actual date of minting. It is easy to confuse the seal date of 1993 with the mintage year on what appears to be a dual-dated coin.

Despite being the size of a US quarter, one piso is only worth 2.3 cents USD. Exact mintage of this coin is unreported.

Metal Copper-nickel
Weight 6.0700 g
Diameter 24 mm
Thickness 1.75 mm
Shape Round
Orientation Medal alignment

Tags: 2001, Philippines