8 Basic Facts and Details on the New 20 Pesos Coin

Bangko Sentral ng Pilipinas  or BSP had unveils new set of New Generation coin for 2020.

The new set of coins will be available starting first quarter of 2020, Some of the features had improved because of some confusion brought by the new coins in circulation. Some of them were almost the same size with the old coins.

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Basic Facts and Details

1.) The P20 coin takes the place of P10 as the highest denomination in the central bank’s New Generation Currency coin series.

2.) It retains most of the elements from the banknote version, with the face of Commonwealth-era President Manuel L. Quezon on the coin’s front side.

3.) The P20 coin also features the design of the Nilad, (Scyphiphora hydrophyllacea) a mangrove tree in which the name of Manila is believed to have come from. This is in accordance with the designs of the coin series that displays native flora on the reverse side.

4.) The reverse side features the logo of the BSP and the Malacañan Palace, the country’s seat of power.

5.) The new coin also has microprint and an identifiable edge that make it difficult for counterfeiters to replicate.

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6.) It would cost Php 10 for BSP to mint for the new Php 20 coin compared to just Php 2.00 for the banknote.

7.) It would take between 10 to 15 years before the Php 20 coin be worn out compared to banknotes, which takes between 3 to 6 months for the banknote to get worn out.

8.) It also cited a research study conducted by the University of the Philippines which revealed that P20 is the “most-used denomination for payments across the country,” according to BSP authority.

Filipinas Stamp Collectors’ Club Meeting and Salu-Salo

Filipinas Stamp Collectors’ Club had their last meeting and get together for 2019. I have 3 mail bidders which send their bid only during the day of the meeting.

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I have to travel to the post office to check the items for auction. It was quite surprising to see some new faces and club members.

Meeting

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There were about 500 items for bid, ranging from stamps, stamp magazines, specimen stamps, coins, banknotes, papel sellado, postcards among others.

What is exciting on this stamp club meeting was the on the spot raffle and salu-salo. It is good that someone gave electric flat iron, mugs, lock and locker tumbler and multi-purpose swiss knife.

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item 40 -United States Philippine Islands 1921 postal card with 1906 2 centavos stamp

The author was quite lucky to have bid this item, This was listed under #40 and starting bid was just Php 80.00 or roughly around US$ 1.58. The postal card was written around August 25th 1921 and send to Mr. Hashi Kawa of #617 Camba street, San Nicolas, Manila by Assistant Secretary Hermo Cruz of Bureau of Labor.

The office was under the Department of Commerce and Communications ( Bureau of Labor) which was situated along 662 Rizal Avenue in Manila.

It is rare to see a correspondent postal card with English and Spanish words printed.  Another unique way to affixed the stamp within this postal card it was inverted.

The author is quite lucky to have gotten this postal card correspondence without much bidders interested.  A lot of them might have paid attention to the other items.

Php 5 pesos banknote ( circa 1987) with overprint San Lorenzo Ruiz canonization Serial number JC555555 ( item 253)

The Php 5.00 paper bill issued during President Corazon Aquino sometime in 1987 with overprint of San Lorenzo Ruiz canonization and with solid serial numbers initial bid was just Php 700 but a male banknote collector outbid everyone and reach an outstanding Php 3,600 !

The quality of the banknote is almost MINT condition and it is collected not because of the condition but the serial numbers and overprint. The banknote collector might be a newbie in the collecting world, since solid serial numbers would only reach around Php 1,000 outpost.

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1 peso 1974 error coin off center with blank and clip planchet ( item 273)

The 3 pieces 1 peso Rizal coin had minting error. The starting bid was Php 700 and the lot item reach final last bid of Php 1,800 ! In the normal quality and security procedure in the MINT. These coins were normally re-minted or re-cast. Somehow, one of the person behind the mint might have got hold of these coins and collected them for over 30 years before selling them in local bourse or coin market.

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one centavo coins ( item 274)

The item above were three pieces 1 centavo coins ( Marcos regime) with obvious error in the minting process with black clip planchet. The item starting bid was Php 700 and a coin collector was quickly to bid the item.

Salu-salo

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chicken empanada

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peachy-peachy from Arny Dading

 After the bourse / auction the members got to taste several late afternoon snacks which consisted of peachy- peachy from Arny Dading, Kikiam ni Aling Upeng, Sushi rolls from Suki Market and Chicken empanada.

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sushi rolls from suki market

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Gat Andres Bonifacio shrine near Manila Cityhall

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Christmas tree at the Andres Bonifacio Shrine and Manila Cityhall clock tower

Everyone enjoyed the hearty afternoon snack, We decided to visit the Andres Bonifacio and Manila Cityhall to see the beautiful evening Christmas lights and went to nearby Manila Cathedral for the start of the anticipated misa de gallo.

RetroCon at Fisher Mall

Retro Convention (RetroCon) held a 3 day trade fair, exhibit and program from November 15 to 17, 2019 at the Fisher Mall in Quezon City.

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crowd and table bourse

Unlike in the previous RetroCon at the Lucky Chinatown Mall, There were more table bourse sellers and participants at the convention. There were life size superman, Voltes-V ,wonder woman among others.

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retrocon neon signage

RetroCon at Fisher Mall

There were on the spot raffle, contest, live entertainment, retro music, m and lots of items to see at the site.

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greek universe

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Voltes V

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live program

Unlike other pop culture or trade exhibits in other parts of the metropolis, There is no entrance fees at the convention.

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vinyl records and cassette tapes for sale

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Krazy Kyle Gianan- Pinoy Picker’s booth

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Krazy Kyle Gianan

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banknotes

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toys and magazines for sale

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anime dolls and toys

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tin trucks

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Mac Kolektibolz

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coins, banknotes, old photos, cameras, telephones and posters

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old Php 1.00 coin ( Pilipino series 1972 to 1974) for Php 35 each and coins (Php 10.00) each.

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tomica toy cars

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different kinds of toys and dolls for sale

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Jerry’s life size statues on display

It was a wonderful experience roaming around the convention and chatting along with the table bourse sellers and organizers of the event.

Rare Hauls at Filipinas Stamp Collectors’ Club Meeting

Filipinas Stamp Collectors’ Club meets every third sunday of the month at the main lobby of the Manila Central Post Office within Philippine Postal Corporation compound.

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Manila Central Post Office with OFW bank ( formerly called Postal Saving Bank )

The club usually host a small bourse or auction. Prices may vary, Most of the items starts with Php 10.00 starting bid, While some have posted prices. The general public together with the members have a chance to browse through the list of items most of which are philatelic items like packets of stamps, first day covers, commemorative issues, stamp from around the world are auction off.

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commercial shoot at the entrance of the post office

Got a chance to visit the meeting after the eyeball of Bottle Collectors of the Philippines  (Mga Lumang Bote)FB group held at the Calvo Memorabilia and Bottle Museum in Escolta.

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Filipinas Stamp Collectors Club Bourse

Some items may also includes banknotes, ephemeras, photos, postcards, books, toys, bottles, phone cards sometimes a host of other curio stuffs like dolls, die cast cars, medals, coin holders.

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University of the Philippines certificate of matriculation

University of the Philippines ( College of Law)  certificate of matriculation is just Php 50.00. This could be e around the late 1950’s. The item starting bid was just Php 50.00 with Mr. Harandi won the bid.

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De La Salle University first day cover block of four ( circa June 16, 1961)

De La Salle University first day cover issued in 1961 ( block of four stamps) starting bid was just Php 50 and did not went up. The item bid won by Mr. Reuben Bala Jr.

BPI 150th anniversary FDC

Bank of the Philippine Islands first day cover 150th anniversary

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Philippine Orchids imperforate sheet circa 1960


Philippine Orchids imperforate sheet start bid at Php 50 but went up to Php 250

Between 450 to 520 items were auctioned off to the general audience. Despite the gloomy weather, more than 40 participants came at the meeting. There was a rare chance of watching over a commercial shooting.

The shooting started during the morning and according to the guards, the commercial team schedule is until past night time.

Most of the items consigned at the bourse are from old and serious collectors, some of which have accumulated tons of stamps and other stuff over the years or decades. There were a couple of participants who came all the way from San Pedro and San Pablo Laguna province, I also saw Mr. Reuben Bala Jr. and Mr. Dionisio Taeza who hails from Cavite province.

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Php 10 emergency banknote from Mindanao issued from 1944 to early 1946

We also managed to meet Mr. Boy Francisco, who sold some excess emergency banknotes from Mindanao and commonwealth era paper bills.

The club’s next meeting will be held on October 20 Third Sunday of the month from 1:00 pm to past 4:00 pm.

Throwback Expo 2019 in Makati

Throwback Expo 2019 will be held at the Activity area 1, Makati Cinema Square, Pasong Tamo,Makati from September 20 to 22 , 2019 from 8:00 am to 9:00 pm.

There will be about 30 stall holders which will be selling a lot of vintage stuffs which range from antiques, toys, figurines, cassette tapes, game console, banknotes, coins, stamps, comics, books and among others.

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Throwback Expo

Makati Cinema Square is known to be a favorite hang out place by Batang 80’s and 90’s.  There will be toy auction, retro music from the 1970’s to the 1990’s. Hence the tagline ” Relieve your childhood with us! ”

Among the booth sellers includes Modern Vintage Collectibles PH , Comic Odyssey, Dekada and many others.

Unlike other bazaars within Metro Manila, There were no entrance fees!

Contact Details:09081405282