Published: Wednesday 09 May, 2018

PH New Generation Currency (NGC) Coins: How to Tell the Difference

The Philippines’ New Generation Currency (NGC) bills and coins were formally presented in Malacanang today. Launched almost two months ago, the New Generation Currency coins series continues to earn a lot of complaints from the public.

New Generation Currency coins

The Philippines’ New Generation Currency coins. (Bangko Sentral ng Pilipinas)

Since it was previewed earlier this this year, many Filipinos have said that the new coins are confusing. Despite having different designs, some of the New Generation Currency coins look the same at first glance and this is what worries many Pinoys. Some worry that they mat be short-changed especially if they’re in a hurry, or over pay. 

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Indeed several of the coins look alike, especially the P10, P5 and P1 coins. What makes it even more confusing is that they look like the current P1 in circulation.

Earlier this year, PBA Party-list Representative Jericho Nograles vcalled on the Bangko Sentral (BSP) to recall all of the NGC coins for the sake of the public. But the BSP asked everyone to give the new coins a chance before complaining.

“We respect the sentiment of some of our countrymen, including Party-list Rep. Jericho Nograles. But I would like them first to see and feel the complete series,” BSP Deputy Governor Diwa Guinigundo said when the coins were launched in March.

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“I am sure once they have seen and felt the coins and start knowing why we used nickel-plating which results in metallic silver for all six denominations for security and durability, they would be more open,” he added.

To help the public learn the differences between the New Generation Currency coins, the BSP came up with these videos.

New Generation Currency (NGC) Coin Series

Coin-Ed: New Generation Currency (NGC) Coins