Philippine five centavo coin
| Philippines | |
| Value | 0.05 Philippine peso |
|---|---|
| Mass | 1.9 g |
| Diameter | 15.5 mm |
| Edge | Plain (with 4 mm central hole) |
| Composition | Copper plated steel |
| Years of minting | 1903–present |
| Obverse | |
 | |
| Design | 'Republika ng Pilipinas', denomination, year of minting |
| Designer | Bangko Sentral ng Pilipinas |
| Design date | 1995 |
| Reverse | |
 | |
| Design | Words 'Bangko Sentral ng Pilipinas' along the border |
| Designer | Bangko Sentral ng Pilipinas |
| Design date | 1995 |
The Philippine five centavo coin (5¢) coin is the second-lowest denomination coin of the Philippine peso after the one centavo. It is identical in its dimensions to the one centavo coin, thus it features a hole through its middle.
History
Pre-Independence
No coin worth 1/20 of a peso circulated during the Spanish rule of the Philippines, when the 10 centimo coin was the lowest denomination of the Philippine peso fuerte.
The first five centavo was minted in 1903, the first year of minting during the American rule of the country, gained after the Spanish–American War. The coin's images were identical to those of the half-centavo and one centavo coin.
The obverse featured a native by a volcano, with the coin's denomination above him, and the inscription 'Filipinas' underneath. The reverse featured the American coat of arms, and had the inscription 'United States of America' circling it. The year of issue was underneath the coat of arms.[1]
The last minting of this first coin was in 1928, a smaller version was minted between 1930 and 1935.[2] In 1937 the coat of arms was changed to a Philippine one and this coin was issued until 1945[3]
Due to its low buying power, (an exchange rate in November 2014 gives it a value of 0.0011 USD, 0.0007 GBP, 0.000878 EUR, or 267 Uzbek tiyin [4]) the coin is commonly used as a keyring decoration or as a washer due to its hole.[5]
Independence
- English Series; In 1958, minting of the centavo resumed with another coat of arms on the reverse. The inscription around the coat of arms was changed to 'Central Bank of the Philippines'.
- Pilipino Series; In 1969, the coin featured the Tagalog language for the first time. Its obverse featured Melchora Aquino in profile to the right, a Filipina revolutionary who became known as "Tandang Sora" (English: "Elder Sora") because of her age and her contributions. The inscription around the shield read 'Republika ng Pilipinas'.
- Ang Bagong Lipunan Series; A second eight-pointed scallop edge coin featuring Aquino was minted from 1975 to 1983. The name of the Republic was moved to the obverse, and Aquino now faced the left. On the reverse read the inscription 'Ang Bagong Lipunan'. The issues from 1979 to 1982 featured a mintmark underneath the five centavo.
- Flora and Fauna Series; From 1983 to 1993, the coin was now round and silver in color, Aquino again faced the right in profile, and the denomination was moved to the reverse with the date on the front.
- BSP Coin Series; The current version has been minted since 1995 and is copper-colored. It features no human at all. The reverse has the logo of the Bangko Sentral ng Pilipinas. The name of the republic, the date and denomination are all on the obverse.
| English Series (1958-1967) |
Pilipino Series (1969-1974) |
Ang Bagong Lipunan Series (1975-1983) |
Flora and Fauna Series (1983-1994) |
BSP Coin Series (1995–present) | |
|---|---|---|---|---|---|
| Obverse |  |
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| Reverse |  |
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References
- ↑ km164 5 Centavos (1903-1928)&query=Philippines
- ↑ km175 5 Centavos (1930-1935)&query=Philippines
- ↑ km180 5 Centavos (1937-1941) copper-nickel&query=Philippines
- ↑ "Currency Converter". Expedia.co.uk. Retrieved 2013-01-12.
- ↑ Jeroen Hellingman. "Philippine Coins". Bohol.ph. Retrieved 2013-01-12.
 Philippine peso and coinage | |||||||
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| Obsolete denominations |
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