NumismaticsPhilippines




50 Piso Inauguration of the Security Printing Plant

1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Blister Pack 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin COA 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Literature 1 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Literature 2 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Box Open 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Box Side 1 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Box Side 2 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Box 1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Matte Commemorative Coin

Varieties
Quality Mintage
Matte 10,000
Brilliant Uncirculated 354
Proof 6,704

Mintage figure includes coin in Coin Set

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Matte

1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Matte Commemorative Coin

Mintage: 10,000

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Proof

1977 50 Piso Inauguration of the Security Printing Plant and Mint Complex Proof Commemorative Coin Blister Pack

Mintage: 6,704


Specification
Title Inauguration of the Security Printing Plant and Mint Complex
NP ID CC033
Category Commemorative
Series Ang Bagong Lipunan
Type Non-Circulating Legal Tender
Denomination 50 Piso
Year
Mintmark FM (monogram)
Mint Franklin Mint
Shape Round
Edge Reeded
Weight 27.40 gm
Diameter 40 mm
Thickness 2.70 mm
Material Silver
Metallic Composition 430 grains of Solid Sterling Silver
Orientation Medallic Orientation
Issued At CBP Cash Department
Demonetized
Total Coins 17,058
Total Value ₱852,900
Kind Coin

Obverse

Depicts the new Central Bank Security Printing Plant and Mint Complex, this impressive building, with the five-pointed star – the old Spanish mintmark – above, and with two historic coins in the foreground, was inaugurated in . The two coins within a coin are a fifty-centavos coin depicting the figure of Liberty and a one-centavo coin showing a blacksmith seated beside his anvil. "" "Inauguration of the Security Printing Plant and Mint Complex"

Reverse

Image of the official coat of arms of the Republic of the Philippines "Ang Bagong Lipunan" "50 Piso"

Literature

The fifty-piso coin bears a special com­memorative design that will be used only in . The design honors an event of major significance to the people of the Philippines and will never appear again on any official coins of that nation.

The new design commemorates the inaugura­tion of 1977 of the Philippines Central Bank Security Printing Plant and Mint Complex. It portrays this impressive building with the five­pointed star-the old Spanish mintmark above, and with two historic coins in the fore­ground. These two coins within a coin are a 50-centavos coin depicting the figure of Liberty and a one-centavo coin showing a blacksmith seated beside his anvil. The Philippine coat of arms appears on the reverse. The central ele­ment is an eight-rayed sun representing liberty. Above the sun are three stars which stand for the principal geographic divisions of the Philippine archipelago. Below are a lion and an eagle, sym­bolizing the nation's ties with Spain and the United States.

Legal tender in the Republic of the Philip­pines, the fifty-piso coin measures 40mm and contains 430 grains of solid sterling silver. It was minted in a limited Proof edition by The Franklin Mint under the authorization of the Central Bank of the Philippines.

The Franklin Mint, Franklin Center, Pennsylvania 19091
Printed in U.S.A.

Certificate of Authenticity

This is to certify that the 50-piso coin originally accompanied by this certificate bears a special commemorative design to be used only in 1977. Legal tender in the Republic of the Philippines, the coin is limited edition Proof minted in solid sterling silver by The Franklin Mint under authorization of the Central Bank of the Philippines

For the Republic of the Philippines
(Sgd.) Gregorio S. Licaros, Governor, Central Bank of the Philippines


Certified

Remarks

Security Printing Plant and Mint Complex was established on (soft opening) and was inaugurated on . On Bangko Sentral ng Pilipinas (BSP) announced the demonetization of this coin, it is legal tender until . It can be exchanged at par with Bangko Sentral ng Pilipinas (BSP) from to and considered demonetized starting

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