for all new collectors.. there are several gold issues of Spanish- Philippine coins, some with the word "FILIPINAS" readable, some with "MANILA" or its abbreviation or just the letter M and some with just the STAR mark or ASTERISK mark for the Manila Mint during the Spanish era.. Marcos issued a lot Philippine Gold coins.. I encountered a lot of these in the past coin auctions here, mostly high priced and I just look to see it for a moment and wish I can have one of those someday.. just try to attend all coin auctions (August 20, 21, 28), see you there i hope (i want to be there, even just to see the items)...

Bank Sentral ng Pilipinas is now offering gold coins.
http://www.bsp.gov.ph/bspnotes/banknotes_comsale.asp?Start=10&Offset=10#

1980 Series 1500 Piso Proof Pope John Paul II Commemorative and Legal Tender Gold Coin
Price: Php 25,000


I went there earlier but they said it can only be bought at the Manila branch. (Roxas boulevard)

I got an inside information that they used to sell this at 10k, then 22k, now 25k hahaha.

that gold coin offering from BSP is a good investment.. if you can afford, you should buy it.. i should have not spent too much for my birthday last week.. the family trip to Singapore was really something, i feel so poor today.. probably i can afford to buy it on;y next year or if my claims from the government get paid ..

al, that depends i think. i personally will only be buying 1 pc of that gold coin for collection purposes.

though i believe that gold will eventually be higher 4 or 5 years from now, i still believe there will be a pullback in the short term which should make buying gold a bit cheaper when that pullback arrives.

gold will continue to rise because of uncertainties in this world.. there are always war or calamities that affect the world market and then people are afraid so they turn to gold, people get their money out of their banks and buy gold, some even sell all assets and invest in gold.. the prices will soon settle down until the next problem crops up.. and the cycle will repeat..

i personally know some people who pulled out their stocks to purchase gold..
some convert their dollar investments to gold..
the crisis in U.S is causing the rise in Gold, ive visited another forum based in the US where they were discussing about the running out of pure silver and gold in dealer shops...
a lot are afraid that the value of dollar will continue to depreciate...
in my opinion, its safer to invest in metals now than to put your dollars in the bank...

Here are the pics:











Need advice:
> I plan to remove it from its plastic case and transfer it to a 2x2 cardboard case (like the 5 peso pic). Should I do this? The advantage is I will be able to put it in my album and see it clearly. The plastic case is a little blurry.
> The problem is I don't know if there are disadvantages.
> Appreciate any input from anyone.

1975 marcos 1,000 peso gold went below face value and few collectors bought them for face value. now it should worth a lot.

my friends and I just bought a total of 14 pieces ....

yes there are still some available but they are limiting the purchases to 1 per person i think