Andres Bonifacio Takes Emilio Aguinaldo’s Place on the 5 Peso Coin
The Bangko Sentral ng Pilipinas has just revealed the design of their new 5-peso coin, which features Andres Bonifacio. They’ll be releasing it ahead of the rest of the New Generation Currency (NGC) Coin Series in honor of Bonifacio’s 120th death anniversary, and his 154th birthday on November 30. The new 5-peso coin will be in circulation starting December 2017.
The reverse side of the coin will feature the Tayabak, a plant that is native to the Philippines and can be found growing on tall forest trees. The rest of the NCG coin series will highlight endemic plants as well, complementing our current banknotes which feature Philippine fauna.
The NGC coins will be minted using the latest technology. As the Bangko Sentral ng Pilipinas’ official press release explains, “The security features of the NGC Coin Series are enhanced to deter counterfeiting, improve wear and corrosion resistance capabilities, save the BSP minting costs, avoid risks arising from unexpected volatile swings in metal prices, and deter the illegal hoarding of coins for melting and shipment to other countries.”
We wouldn’t be surprised if Emilio Aguinaldo turns up again on one of the other new coins, but in the meantime we wonder how Bonifacio would feel about replacing the man who ordered his execution.