The Philippine two-peso coin ( fil, 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.
History
Spanish
*1861: The two-peso gold coin was introduced by the Spaniards, containing 3.38 grams of 0.875 fine gold. The coin featured a left-sided profile of
Isabel II on its obverse, while the reverse has the
Coat of arms of Spain
The coat of arms of Spain represents Spain and the Spanish nation, including its national sovereignty and the country's form of government, a constitutional monarchy. It appears on the flag of Spain and it is used by the Government of Spain, the Co ...
with the lettering “REINA DE LAS ESPAÑAS”.
Independence
*''
Flora and Fauna Series
The Flora and Fauna Series was a series of Philippine peso coins minted from 1983 to 1994, in denominations from 1 sentimo to ₱2. The series used the Optima typeface. The sizes of the coins were reduced, and ₱5 coins were reintroduced, in ...
''; 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
Andrés Bonifacio y de Castro (, ; November 30, 1863May 10, 1897) was a Filipino Freemason and revolutionary leader. He is often called "The Father of the Philippine Revolution", and considered one of the national heroes of the Philippines ...
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
Stainless steel is an alloy of iron that is resistant to rusting and corrosion. It contains at least 11% chromium and may contain elements such as carbon, other nonmetals and metals to obtain other desired properties. Stainless steel's corros ...
instead of
Copper-Nickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimu ...
.
*''
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*1998: The ₱2 coin and other coins in the original ''Flora and Fauna'' and ''Improved Flora and Fauna Series'' were withdrawn, making the coin officially demonetized.
Version history
References
{{Philippine peso history
Philippines currency history
Two-base-unit coins
Obsolete denominations of the Philippine peso