BSP releases P100 coin featuring Teresa Magbanua, Mariano Ponce, Emilio Aguinaldo

The Bangko Sentral ng Pilipinas (BSP) has released three new P100 commemorative coins featuring Filipino heroes Teresa Magbanua, Mariano Ponce, and General Emilio Aguinaldo.

The P100 coins were sold through the BSP store at P350.00 each, but the central bank said they were immediately sold out due to high demand.

“Like BSP-issued coins in general circulation, commemorative coins are deemed legal tender, unless these coins have been demonetized,” the BSP said in an emailed statement.

Most of the commemorative coins are designed and produced in limited quantities, and minted from precious metals making the coins more attractive to numismatists and the public.

“Most of these commemorative coins are minted from precious metals like gold and silver making them more extraordinary and more expensive,” the BSP said. — Jon Viktor D. Cabuenas/RSJ, GMA News