On 26 March 2018, the BSP released the New Generation Currency (NGC) Coin Series comprised of the 10-Piso, 5-Piso, 1-Piso, 25-Sentimo, 5-Sentimo and the 1-Sentimo into circulation.
These NGC coins feature three national heroes (Apolinario Mabini in the 10-Piso, Andres Bonifacio in the 5-Piso and Jose Rizal in the 1-Piso), a stylized three stars and a sun in the 25-, 5- and 1-Sentimo, the BSP logo, and endemic flora consistent with the design of the NGC Banknote Series that highlights Philippine fauna.
The NGC Coin Series and the BSP Coin-Ed Campaign were among the top three finalists in the Best New Circulating Coins and Best Public Education Program categories, respectively, awarded by the International Association of Currency Affairs (IACA) during the Excellence in Currency 2019 Coin Awards at the biennial Coin Conference in Rome, Italy on 15 October 2019.
On 17 December 2019, the BSP released the new 20-Piso NGC coin and the enhanced 5-Piso NGC coin with nine sides which are the latest to be circulated under the BSP’s NGC Coin Series. The bi-color 20-Piso coin retains major elements of the 20-piso banknote. The obverse side of the coin features Manuel L. Quezon, while the reverse side shows the BSP logo, the Malacañan Palace, and the Nilad plant.
The NGC Coin Series design features enhanced the aesthetics and security of the coins. In particular, micro-printed details using laser-engraving technology were included in the 20-Piso, 10-Piso and 5-Piso, which makes it difficult for these coins to be duplicated using traditional coin counterfeiting methods. The metallic composition of the NGC coins also discourages the illegal practice of hoarding large quantities of coins for the extraction of their metal content.
The new 20-Piso and enhanced 5-Piso NGC coins shall co-exist as legal tender with the currently-circulating 20-Piso NGC banknotes and round 5-Piso NGC coins, which will be removed from circulation through natural attrition.
The BSP enjoins the public to properly use and recirculate our Philippine coins for their economic and cultural value.
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