BSP releases P10,000, P500 coins to celebrate their 70 years of central banking in PH

  • Bangko Sentral ng Pilipinas (BSP) has released P10,000 and P500 commemorative coins in celebration of their 70th anniversary of central banking in the country, as well as their 25th anniversary
  • These coins are now up for sale with P10,000 gold coin being sold for P127,500 each and P500 silver coins being sold for P3,500 each
  • To reserve, interested buyers may send an email to [email protected] not later than January 15, 2020 along with their complete details

The Bangko Sentral ng Pilipinas (BSP) has released P10,000 and P500 commemorative coins to mark their 70 years of central banking in the Philippines and in celebration of their 25th anniversary.

Image via Bangko Sentral ng Pilipinas | Facebook

On its Facebook post last January 9, BSP has announced that the coins are now up for sale on a “first mail-in, first listed” basis.

They are selling the P10,000 gold coin for P127,500 each. The P500 silver coins designed after their celebration of 70 years of central banking and 25th anniversary are both being sold for P3,500 each.

To reserve, interested buyers need to send an email to [email protected] not later than January 15, 2020 along with their contact details, description of their order, and preferred BSP branch for pick-up.

Other important details are listed on the BSP’s website.

BSP said buyers will be notified through email once their order has been approved, including the instructions on payment and pick-up.

They have also clarified that only cash payment will be accepted due to the high value of commemorative coins and pick-up schedule will be from 9 a.m. to 2 p.m. at the nearest BSP branch.

Click the image to see the full post

Meanwhile, BSP reminded the public that orders may be forfeited if the buyer fails to pick-up the commemorative coins two weeks after its scheduled date.

“The order shall be forfeited if the commemorative coins remain unclaimed two (2) weeks after the scheduled date of pick-up. Thereafter, the coins shall be offered to the public on a “first come, first served” basis,” said BSP.

“The public are also entitled to buy only one (1) piece per commemorative coin,” they added.

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