Philippine_twenty_centavo_coin

Philippine twenty-centavo coin

Philippine twenty-centavo coin

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The Philippine twenty-centavo (20¢) coin was a denomination of the Philippine peso. The one-fifth (1/5) peso was introduced by both the Spaniards and the Americans during the colonial era of the Philippines. It was replaced by a banknote of the same denomination introduced alongside the establishment of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas) in 1949 and it was replaced by the twenty-five centavo coin.

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History

Spanish period (1864–1885)

20 centimos, spanish rule (1883)

The twenty-centavo coin for the Philippines was introduced in the time of Queen Isabel II of Spain. The coin was not abundant in number until 1868, where more than 1 million coins were made, and 1868 became a common year minted on the twenty-centavo coin.[1] King Alfonso XII of Spain continued the minted of the coin during 1880 to 1885.[2]

American period (1903–1945)

During the American period in the country, the twenty-centavo coin was reintroduced in 1903. It contained 90% silver and 10% copper, weighed 5.3849 grams, and had a diameter of 23 millimeters.[3] In 1908, the coin was reduced to a diameter of 20.86 millimeters, and the silver content of that coin was 75%.[4] During the time of the Commonwealth of the Philippines, the symbol on the reverse side of the coin was changed in 1937, and production of the coin ended during 1945.[5] Since then, the coin has not been produced until there are plans to reintroduce the twenty-centavo coin by the Bangko Sentral ng Pilipinas.

More information The Philippines under U.S. Sovereignty (1898–1935), Commonwealth Issues (1935–1945) ...

References

  1. [1]
    "20 Céntimos de Peso - Isabel II". en.numista.com. Retrieved October 23, 2021.
  2. [2]
    "20 Céntimos de Peso - Alfonso XII". en.numista.com. Retrieved October 23, 2021.
  3. [3]
    "20 Centavos (U.S. Administration)". en.numista.com. Retrieved October 23, 2021.
  4. [4]
    "20 Centavos (U.S. Administration)". en.numista.com. Retrieved October 23, 2021.
  5. [5]
    "20 Centavos (U.S. Administration)". en.numista.com. Retrieved October 23, 2021.
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