The Bangko Sentral ng Pilipinas (BSP) launched the P1 Association of Southeast Asian Nations (ASEAN) 2017 commemorative coin. The coin was officially unveiled by President Rodrigo Duterte during the launch of the Philippines’ Asean 2017 chairmanship in Davao City on Jan. 15.
Here are three fast facts about the ASEAN 2017 commemorative coin:
1. There will be 10 million ASEAN 2017 commemorative coins to be circulated to the public.
BSP said that the issuance of the coin is to memorialize the chairmanship of the Philippines of ASEAN in 2017. It added that that the coin shall inform and promote to the public the active participation of the country to the ASEAN.
The Philippines heads the leadership of ASEAN 2017, while it also coincides the 50th anniversary of the association. “Many countries will be looking at the Philippines for its leadership in the commemorative activities as well as in meeting increasingly complex challenges to regional integration this year and beyond,” Foreign Affairs Secretary Perfecto Yasay, Jr. said in a press statement.
2. The obverse side of the coin bears the various elements of the logo of the Philippines’ chairmanship of ASEAN in 2017.
It includes ten stars representing the ten member states with their names engraved in micro text on the right side. On the edge is the theme “Partnering for Change, Engaging the World”. The ASEAN emblem is at the center with the images of the sun and dove symbolizing prosperity and peace; while the Filipino ancient alphabet baybayin mintmark of the BSP Mint appears at the bottom.
3. The reverse side depicts the relief of the country’s national hero Jose Rizal’s monument, the Filipino symbol of courage and patriotism.
The reverse side depicts the relief of our national hero Jose Rizal’s monument, the Filipino symbol of courage and patriotism. The seal of the BSP appears on the right side with the micro text “ASEAN 2017” filling the background. The markings “Republika Ng Pilipinas” are engraved on the upper right. The coin’s denomination appears on the lower side of the coin and below it is the list of the ASEAN member states.
Below are the images of the observe and reverse sides of the ASEAN 2017 commemorative coin:
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