1974 1 Piso Pilipinas Coin: Worth and History
The 1974 1 Piso Pilipinas coin is a rare and valuable coin from the Philippines. In this article, we will explore the history and worth of this coin.
History of the 1974 1 Piso Pilipinas Coin
The 1974 1 Piso Pilipinas coin was minted in 1974 during the reign of President Ferdinand Marcos. The coin was introduced as a part of the new coin series, which replaced the old peso bills. The coin was designed by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines.
Design and Features
The 1974 1 Piso Pilipinas coin features a portrait of Jose Rizal, the national hero of the Philippines, on the obverse side. The reverse side features the coat of arms of the Philippines. The coin is made of copper-nickel and weighs 12 grams, with a diameter of 30 millimeters.
Worth of the 1974 1 Piso Pilipinas Coin
The worth of the 1974 1 Piso Pilipinas coin varies depending on its condition, rarity, and demand. Here are some approximate values:
- ** Circulated condition:** ₱500 - ₱1,000 (approximately $10 - $20 USD)
- Uncirculated condition: ₱5,000 - ₱10,000 (approximately $100 - $200 USD)
- Rare and graded condition: ₱50,000 - ₱100,000 (approximately $1,000 - $2,000 USD)
Rarity and Mintage
The 1974 1 Piso Pilipinas coin has a mintage of 100 million pieces, making it a relatively rare coin. The coin was only minted for a short period, which adds to its rarity.
Conclusion
The 1974 1 Piso Pilipinas coin is a valuable and rare coin that is highly sought after by collectors. Its historical significance, design, and features make it a unique addition to any coin collection. If you are lucky enough to have one, make sure to keep it in good condition to increase its value.
Tips for Collectors
- Always handle coins with care to avoid damaging them.
- Store coins in a cool, dry place to prevent corrosion.
- Consider getting your coins graded and certified by a reputable coin grading service.
- Research and learn about the coin's history and market value to make informed purchasing decisions.
