There are concerns about the P20 coin launched by the Bangko Sentral ng Pilipinas

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“Look, I get their perspective of making 20 peso bills into coins will make them more durable, pero kasi ang unnecessary? Sooo difficult to distinguish from other peso coins like, hindi siya user-friendly… they could’ve come up with a material that will help paper bills durable ‘di ba?” sheWhile P1 is smaller, the shape of the P5 and P10 coins could be indistinguishable from one another if one is not too careful.

The same goes for the P1 coin. If the person is in a hurry or in a dim place, properly distinguishing all of the coins from each other could be tricky. Last year, some Filipinos also criticized the central monetary authority for changing the designs which took “at least two years” to make, according to BSP Deputy GovernorThen BSP changed the design of the coins to enhance its security features in order to prevent it from being counterfeited.

“The metallic composition of the NGC coins was changed to discourage illegal extraction of valuable metal content. In the past, this practice has resulted in the hoarding of large quantities of coins, for extraction of metallic contents in overseas smelting entities,” it said in a“The metallic composition of the NGC Coin Series also contributes to improved wear and corrosion resistance capabilities,” the BSP added.

The colors were also changed to improve its wear and corrosion resistance, as well as address discoloration concerns observed in brass and copper-plated coins.

 

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