Philippine two peso coin

The Philippine two peso coin (Filipino: Dalawang Piso) (₱2) was a denomination of Philippine currency. It was minted by the Bangko Sentral ng Pilipinas from 1983 to 1994 and was demonetized in 1998.[1]

Two pesos
Philippines
Value2.00 Philippine peso
Mass5.00 g
Diameter24.00 mm
EdgePlain (Flora and Fauna Series)
Reeded (Improved Flora and Fauna Series)
CompositionCopper-nickel (1983–1991)
Stainless steel (1991–1994)
Years of minting1861–1868
1983–1994
Obverse
DesignCocos nucifera (Coconut Tree), Value
Design date1991
Reverse
DesignState title, Andrés Bonifacio, year of minting
Design date1991

History

Pre-independence
  • 1861: The two peso coin was introduced by the Spaniards. The coin featured a left-sided profile of Isabel II on its obverse, while the reverse has the Coat of arms of Spain with the lettering “REINA DE LAS ESPAÑAS”.[2]

Independence
  • Flora and Fauna Series; In 1983, the BSP introduced ₱2 coins as part of the Flora and Fauna Series. The coin was decagon-shaped (ten-sided), mass 12.0 g and diameter 31.0 mm, with the profile of Andrés Bonifacio on the obverse and the Coconut Tree (Cocos nucifera) on the reverse.
  • Improved Flora and Fauna Series; The coin features the same designs on both the obverse and reverse, but was reduced in mass to 5.0 g, reduced in diameter to 24.0 mm, made circular in shape, and was minted in Stainless steel instead of Copper-Nickel.
  • BSP Series; The two peso coin was not included when the BSP Series was introduced.
  • 1998: The ₱2 coin and other coins in the original Flora and Fauna and Improved Flora and Fauna Series were withdrawn, making the coin officially demonetized.[1]
Flora and Fauna Series
(1983–1990, 1991–1994)
Obverse
Reverse
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References
  1. "Bangko Sentral ng Pilipinas - BSP Notes and Coins - History of Philippine Currency - Demonetized Coins - Improved Flora and Fauna Series". www.bsp.gov.ph. Retrieved 2018-07-15.
  2. "2 Pesos - Isabella II, Philippines". en.numista.com. Retrieved 2018-07-15.
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