This month of December, Bangko Sentral ng Pilipinas (BSP) will release a one-piso Rizal commemorative coin. BSP has issued 10 million pieces of these one-peso coin, minted as a tribute to the national hero Jose Rizal who just celebrated his 150th birth anniversary last June 19, 2011.
The coin’s obverse side bears Rizal’s portrait bust, the words “150 years,” “Republika ng Pilipinas,” and years “1861-2011”, while the reverse side bears the new BSP seal and the words “1-piso” and “2011”. The coin is similar with the one-peso coin currently in circulation, in composition (Nickel plated steel), in size (24 millimeters in diameter) and in weight (5.35 grams). Designed by Mr. Emerson Rg Abraham.
According to BSP, the coins had already been distributed to several banks for circulation and given time, we might be lucky enough to have one in our pocket before month’s end. Happy hunting!