Bangko Sentral ng Pilipinas 1 Piso Circulation Coin
Coin/Bullion · Bangko Sentral ng Pilipinas (Central Bank of the Philippines), the central monetary authority of the Republic of the Philippines, responsible for minting the nation's currency.
Pattern: New Generation Currency (NGC) Coin Series, introduced in 2017 (though carrying a 2016 or later date depending on the specific strike), currently in active circulation.
Type
Coin/Bullion
Maker
Bangko Sentral ng Pilipinas (Central Bank of the Philippines), the central monetary authority of the Republic of the Philippines, responsible for minting the nation's currency.
Material
Nickel-plated steel. This item contains no actual precious silver metal; it is a base metal circulating coin.
Dimensions
Standard 1 Piso coin dimensions: approximately 24 mm in diameter, with a thickness of roughly 1.75 mm and a weight of approximately 6.0 grams.
Description
A standard modern circulating 1 Piso coin from the Republic of the Philippines. Held in the palm of a hand for scale, the obverse or reverse displays the numeric denomination '1 PISO', the issuing authority's circular seal, and the year 2016. The metallic appearance is due to its nickel-plated steel composition rather than silver.
Key Features
Modern base-metal composition, prominent '1 PISO' text, official Bangko Sentral ng Pilipinas seal, and 2016 mint date.
Material & Composition
Nickel-plated steel. This item contains no actual precious silver metal; it is a base metal circulating coin.
Finish & Decoration
Standard business strike finish with smooth fields and raised, struck lettering and design elements, featuring a stylized portrait and the seal of the Bangko Sentral ng Pilipinas.
Hallmarks & Stamps
Standard national mint marks, denomination '1 PISO', issuing authority text 'BANGKO SENTRAL NG PILIPINAS', and the year of minting '2016'.
Construction Details
Modern high-speed mechanized coin pressing and die-striking using nickel-plated steel blanks.
Functional Features
Standard circulating medium of exchange, designed for everyday cash transactions with a plain or reeded edge depending on the exact series release.
Handle & Grip Details
Not applicable as this is a circulating coin rather than a handled silver piece.
Craftsmanship Details
Mass-produced modern minting with sharp automated die strikes, clean lettering, and durable base-metal plating designed for high-velocity commercial use.
Authentication Indicators
Genuine modern mint product exhibiting standard sizing, weight, and machine-pressed relief details consistent with official BSP coin production.
Origin & Manufacturing
Minted in the Philippines (or contracted international mints utilized by the Bangko Sentral ng Pilipinas for high-volume currency production).
Era & Period
Contemporary Period (21st Century), specifically the New Generation Currency era of Philippine coinage.
Age Estimate
Dated 2016, produced around 2016-2017 coinciding with the rollout of the New Generation Currency coin series.
Cultural Significance
Represents the modern currency system and national identity of the Philippines, utilized daily by millions of citizens for small transactions.
Condition Notes
Circulated condition with minor surface abrasions, micro-scratches from pocket wear, and standard dulling of the nickel-plated finish. Grade: About Uncirculated to Circulated.
Value Estimate
Face value equivalent to 1 Philippine Piso (approximately $0.02 USD), with negligible numismatic premium for standard circulated 2016 issues.
Care & Maintenance
No special numismatic care or silver polishing is required, as the nickel-plated steel is durable and meant for standard handling.
Similar Pieces
Other denominations within the Philippine New Generation Currency coin series, such as the 5 Piso and 10 Piso coins.
Interesting Facts
The New Generation Currency coin series was introduced to replace older coin series that were heavily counterfeited or prone to metal hoarding due to fluctuating metal prices.