ICYMI There’s a New P5 Coin
and the Internet Isn’t Pleased
By Kyzia Maramara
Late last year Bangko Sentral ng Pilipinas (BSP) released the new 5-peso coin design, a part of the New Generation Currency Coin Series. It now features Gat Andres Bonifacio on one side and on the other, the Tayabak or Philippine Jade Vine. These new 5-peso coins have been in circulation since December 2017 and the rest of the coin series will be released for circulation this January.
While new coins are great and all, this one has features that earned a lot of negative criticism online.
The new 5-peso coin went from pale gold colored to silver colored and from 27mm to 25mm. Our current 1-peso coin is also silver colored with a 24mm diameter. With just a millimeter difference, it’s easy to interchange the two as these netizens soon found out…
— Camilla Kabayo (@Cinephilliacy) January 9, 2018
It’s so confusing even Sen. Nancy Binay asked BSP to temporarily stop production, or, you know, think of another better design?
2. Economic sabotage?
Dapat kasuhan ng economic sabotage ang nakaisip ng bagong limang piso.
5-piso (bago): 25mm
5-piso (luma): 27mm
Sinlaki ng piso, singkulay pa. Bawat maling bigay mo, ₱4 mawawala sayo.
— Ronx Ronquillo (@ronxronquillo) January 18, 2018
Economic sabotage might be too much but we feel you, internet dude! What kind of sorcery is this, BSP?
3. This girl’s frustration in SHOUTY CAPITALS
Very disappointed sa bagong
Limang piso like seriously KAMUKHA NA NG PISO PANU SA GABI EH YUNG MGA DRIVER MADALAS KINAKAPA NLNG YUNG BARYA EH DIBA MAS MALAKI YUNG LIMA SO DALI LANG ALAMIN…
MAMAYA NIYAN PAGSUKLI SAKIN AKALA LIMA .. PISO PALA ! OMG HA!
— Elle (@elaimaeelle) January 5, 2018
What about the welfare of the jeepney drivers then? How many times have they been (unintentionally) tricked? Or the passengers vice versa?
4. Trust issues everywhere!
*eksena sa jeep kanina*
driver: miss bakit apat na piso lang po bayad nyo??
ale: ay tatlong piso po yan tsaka yung bagong limang piso#trustissue #bringbacktheoldPHpesocoins #nahihilo #nalilito #asanbakosayo #aasabakosayo #aymali
— Ar (@arianecary) January 15, 2018
If you don’t check, double check, and triple check, you might be paying P65 for a P13 jeepney fare!
5. Think on your feet or spend more (or less)
Gotta get used to this new confusing life, I guess.
6. What was the designer thinking?
Good evening, everyone except sa nagdesign ng bagong limang piso na mukhang piso.
— Nins (@Allinanutshelll) January 5, 2018
I wish @BangkoSentral could tell me who designed and approved the new 5 peso coin. Maglalabas lang ako ng feelings.
— Vino (@vinopascua) January 17, 2018
Pretty sure you had good intentions and don’t get us wrong, the coins are pretty! Could’ve been better though.
7. How about the innocent workers?
I had to go to the bank this morning and took the village tricycle, on my way back, lolo driver took me home and gave me…
Honest workers will suffer especially because thorough media campaigns or information drives weren’t done before these New Generation Coins were released.
8. There’s always an opportunity for hugot in times of trouble
Oo, masakit ang break up, pero mas masakit ang maibayad mo ang bagong limang piso dahil akala mo piso ito.
— drew (@DumbleDrei) January 15, 2018
Bottom line is, just like with our confusing love lives, we need to be more careful when we’re handling our coins. We also need to keep in mind that the design and production of this coin went through and was decided by a lot of people. BSP themselves said that the design is for deterring counterfeiting and improving wear and corrosion resistance capabilities. This new coin also saves BSP minting costs.
Let’s just be grateful we’re capable of redesigning our coins! And keep your eyes peeled people!
What do you think about this new coin? Share with us your thoughts below!