Catalog
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| Issuer | Central Bank of the Philippines |
|---|---|
| Year | 1967-1974 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Mintage | 1967 - San Francisco Mint - 40,000,000 1968 - San Francisco Mint - 10,000,000 1969 - Denver Mint - 10,000,000 1970 - Denver and San Francisco Mints - 40,000,000 1971 - Denver Mint - 60,000,000 1972 - San Francisco Mint - 90,000,000 1974 - Proof; San Francisco Mint; minted in 1975 - 10,000 1974 - San Francisco Mint - 10,000,000 |
| Additional information |
Issued under the Marcos administration's currency reform program, this series replaced the older centavo-denominated coinage as the Philippines transitioned to the piso-sentimo system following the Central Bank Act. The shift was partly cosmetic nationalism — Pilipino-language denominations replacing Spanish-derived ones — but also a practical restructuring of the monetary base during a period of sustained GDP growth that made smaller subdivisions increasingly marginal in daily commerce.
Production ran through 1974, the year martial law was already two years entrenched.