Philippine twenty-peso coin
Largest denomination coin
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The Philippine twenty-peso coin (₱20) is the largest denomination coin of the Philippine peso.
Philippines | |
| Value | 20.00 Philippine pesos |
|---|---|
| Mass | 11.50 g |
| Diameter | 30 mm |
| Thickness | 2.2 mm |
| Edge | Plain with edge inscription of "BSP" in italics at six angles |
| Composition | Bi-metallic (Bronze-plated steel ring with a Nickel-plated steel center plug) |
| Years of minting | 2019–present |
| Obverse | |
| |
| Design | "Republika ng Pilipinas"; Portrait of Manuel Quezon; Value; Microprint of "Republika ng Pilipinas"; Year of minting; Mint mark |
| Designer | Julius Caezar G. Moraga of Bangko Sentral ng Pilipinas |
| Design date | 2019 |
| Reverse | |
 | |
| Design | Scyphiphora hydrophylacea (Nilad); logo of the Bangko Sentral ng Pilipinas; Malacañang Palace; Microprint of "Bangko Sentral ng Pilipinas" |
| Designer | Julius Caezar G. Moraga of Bangko Sentral ng Pilipinas |
| Design date | 2019 |
History
New Generation Currency Series: In July 2019, the Bangko Sentral ng Pilipinas (BSP) announced that the 20-peso note would be replaced with a coin due to the overuse of the banknote, since each individual note only lasts about a year in circulation, while a 20-peso coin lasts for 10 to 15 years. The decision was based on research by the University of the Philippines.[1]
In September 2019, the ₱20 coin was designed. BSP Governor Benjamin Diokno stated that the design would retain Manuel L. Quezon as the person on the obverse,[2] and be bi-metallic with a bronze-plated steel outer ring and a nickel-plated steel center and that it would be slightly bigger than the ₱10 coin. He mentioned there would be other features making it distinct from the other New Generation coins.[3]
Photos of the new coin were released in December 2019, along with the "enhanced" 5 peso coin, confirming their designs.[4] The coin was initially planned to be released in late 2019 or early 2020.[5] In another December 2019 report, it was reported that 500,000 coins of the new denomination were released, with more to be minted in 2020.[6]
Version history
| New Generation Currency Series (2019–present) | |
|---|---|
| Obverse | |
| Reverse | |