International Gold 50 Peso Coin
The International Gold 50 Peso Coin is a commemorative coin issued by the Philippines in 2018. It is part of the Bangko Sentral ng Pilipinas (BSP)’s International Gold Series, which commemorates significant events and milestones in the country’s history.
Design
The obverse of the coin features the profile of former President Rodrigo Duterte, along with his name and the year of issuance (“2018”). The reverse depicts the iconic image of the Philippine eagle in flight, with the words “50 PESOS” and “REPUBLIC OF THE PHILIPPINES” inscribed below. The eagle is a symbol of strength, courage, and freedom, and its presence on the coin signifies the nation’s enduring spirit.
The coin is made of 24-karat gold and has a diameter of 30 millimeters. It weighs 15 grams and has a proof finish, which gives it a brilliant and mirror-like appearance.
Significance
The International Gold 50 Peso Coin was issued to commemorate the 50th anniversary of the Philippine peso’s conversion to the gold standard in 1968. This move helped to stabilize the country’s economy and promote international trade. The coin serves as a reminder of the importance of a strong and stable currency to the nation’s economic development.
Rarity and Value
The International Gold 50 Peso Coin is a limited edition commemorative coin. Only 500 pieces were issued, making it a highly collectible item. The value of the coin has fluctuated over time, depending on the price of gold and the demand from collectors.
Legacy
The International Gold 50 Peso Coin is a beautiful and valuable piece of Philippine numismatic history. It commemorates a significant milestone in the country’s economic development and serves as a reminder of the nation’s rich cultural and historical heritage.
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