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To mark the state and pastoral visit of Pope Francis, the Bangko Sentral ng Pilipinas (BSP) has issued a limited edition PHP50 and PHP500 Papal coins.
“Both coins are legal tender and will be sold for PHP100.00 and PHP1,000, respectively, to cover production, packaging and other costs. The coins are minted under a licensing agreement with the Vatican,” said the BSP in a media release.
The BSP explained: “As a matter of policy, the BSP commemorates significant events in our country’s history through the minting of coins, medals or overprints on our banknotes. Papal commemorative coins were also issued for the 1970 visit of Pope Paul VI, and for the 1981 and 1995 papal visits of Pope John Paul II.”
The Pope Francis PHP50 commemorative coin is made of nickel brass, while the PHP500 coin is made of Nordic Gold with gold plating.
The BSP pointed out: “To reserve, forms may be downloaded from the BSP website, www.bsp.gov.ph, and sent to papalcoins@bsp.gov.ph. Please wait for a confirmation e-mail with the date when you can pay for and pick up the coins at the BSP. Please note that the coins are not available over the counter. Reservation forms may be submitted only until the end of June 2015.”
The PHP50 and PHP500 coins will be available beginning the last week of January 2015. PHP1,000 silver and PHP10,000 gold Papal commemorative coins will also be available in May 2015.
Click these links to fill out the reservation forms for your desired coins:
PHP50 and PHP500 commemorative coins
PHP1,000 silver and PHP10,000 gold coins
Also, for more information, check out the BSP poster below (click on the image for a larger poster):
Photo: Bangko Sentral ng Pilipinas
