Philippine Currency Design

The Evolution of Philippine CurrencyEnglish SeriesPilipino SeriesAng Bagong Lipunan SeriesNew Design SeriesBSP SeriesThe New Generation Philippine

Currency

Design ElementsTribute to Filipinos who played

significant roles in our history.World Heritage Sites and iconic

natural wonders of the Philippines.

Manuel L. Quezon, Malacañang Palace

Banaue Rice Terraces, Palm Civet

Sergio Osmeña, First Phil. Assembly, Leyte Landing

Taal Lake, Maliputo Fish

Manuel A. Roxas, BSP Building, 3rd Phil. Republic

Mayon Volcano, Butanding

Diosdado P. Macapagal, Barasoain Church

Chocolate Hills, Phil. Tarsier

Corazon C. Aquino, Benigno S. Aquino Jr., EDSA People Power I

Subterranean Underground River, blu-naped parrot

Jose Abad Santos, Josefa Llanes Escoda, Gen. Vicente Lim

Tubbataha reef national marine park, south sea pearl

Considerations in the selection of security featuresThe BSP does research and

benchmarking on security features that are available from global suppliers and are being used by other central banks. The choice of security features allow four levels of authentication ranging from simple visual inspection to the more complex laboratory and forensic examination of suspected counterfeits. In particular, these are:

Level I: Security features which can be easily recognized by the public without use of special instrument. These are the "look, feel, tilt" elements in the notes such as security thread, security fibers, watermarks, invisible fluorescent inks, optically variable ink, microprint, iridescent band and optically variable device patch(reflective foil) for 500 and 1000.

Level II: Security Features recognizable by professional cash handlers/bank tellers with the use of magnifying lens or UV light. Examples are fluoro-phosphorescent features, security fibers and microprinting.

Level III: The hidden or covert security features reserved for the use of Bangko Sentral

Level IV: Forensic security features for the use of law enforcers in testifying whether a banknote is genuine or counterfeit. These are detectable at specialized laboratories.

General Features of the New BSP Coins

Denomination Material Color Shape/Edge

10-Piso Ring: Cupro-NickelCore: Nickel Brass

WhiteYellow

Round/Interrupted Serration

5-Piso Nickel Brass Pale Yellow Round/Plain(12-scallop border)

1-Piso Nickel-Plated Steel

Grayish White Round/Reeded

25-Sentimo Brass-Plated Steel

Yellow Round/Plain

10-Sentimo Copper-Plated Steel

Copper Red Round/Reeded

5-Sentimo Copper-Plated Steel

Copper Red Round/Plain(4mm. Central hole)

1-Sentimo Copper-Plated Steel

Copper Red Round/Plain

Coin ProductionThe Mint & Refinery Operations Department of the Bank is responsible for the minting of coins.

Process of Money-making

Printing our MoneyBSP Department of Economic

Research -Determines currency demand

based on the expected price movement and the growth of the population and the economy

Security Plant Complex -procures the materials needed

to produce and print the banknotes

BSP Numismatic Committee and Monetary Board

-Design the banknotes The President -Final approval of the President is

required Security Plant Complex Currency Management Group Banks Economy

How a Banknote is madeThe making of a banknote starts

with the conceptualization of design. The concept is drawn by an artist into a prototype banknote. Once the prototype is approved, a master die is prepared from which printing plates are produced. Production then takes place involving the following steps:

Litho Printing. Impressions are printed on a rubber blanket cylinder. These are in turn transferred to the sheets of banknote paper. Both sides of the sheets are printed simultaneously with multi-color or rainbow background prints.

Intaglio Printing. After the background colors are printed, engraved features of the banknote are printed at the intaglio machines, which produce the tactile or embossed effect on the banknotes.

Sheet Inspection. The printed sheets are inspected for printing faults. Defective notes are cancelled and incinerated for security reasons.

Numbering. The good sheets go to the numbering machines for the printing of serial numbers.

Tenning. Numbered sheets undergo inspection of every tenth sheet for other printing defects which were not detected earlier.

Finishing. The numbered sheets finally go through finishing which involves cutting into notes, counting, packaging.

Sources

http://www.bsp.gov.ph/bspnotes/banknotes_banknote.asp http://www.bsp.gov.ph/downloads/know%20your%20currency.PDF http://www.bsp.gov.ph/downloads/Publications/FAQs/currencyprogram.pdf