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 Question about the new proposed Philippine polymer notes?

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josie



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PostSubject: Question about the new proposed Philippine polymer notes?   Mon Aug 10, 2009 3:09 am

http://blog.filipinonumismatist.com/2009/07/bsp-considering-new-designs-of-coins.html
http://blog.filipinonumismatist.com/2009/07/bsp-mulls-shift-to-plastic-money.html
Who is the artist will create a new design for the proposed new notes.

It is same design or images or different one?

What is there standard of measurement of choosing an artist and images for the new notes.

Whats the update now?

Any competition plan for the design or images of the new notes?

Anyone know the detail story on how it progress?
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manilagalleontrade



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Thu Aug 20, 2009 12:19 am

Quote :
It is same design or images or different one?

From what I read they will change the entire design and leave some and add some important people, and cultural images.

I think only Central Bank can answer your other questions
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manilagalleontrade



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Thu Aug 20, 2009 12:24 am

I have always loved the Flora and Fauna series and hopefully the new designs will be better.
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Thu Aug 20, 2009 6:32 am

I like the mountain APO,the craftsmen next time put a shirt he might be caught by some city mayor in NCR he will be jailed,there is an ordinace if someone walk half naked in NCR you will be jailed if not clean the toilet of the city hall,like the trees that bear fruit like mangga or other fruit bearing trees,maybe rice or corn like on celtic coins,its okay to have a woman as long the design is modest in apparell,like the sun
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coincoin



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Thu Aug 20, 2009 9:30 am

If the BSP starts to issue Polymer notes that will be the end of all the "error" notes you see at Ebay. All Polymer notes worldwide are printed here in Australia and that means very strict security. In the 21 years since Australia issued the first polymer note I've never seen a print or cut error here, sure there might be a few, but nowhere near the amount of error notes you see with Philippine issues (most of which I dare say are smuggled out of the print shop, either that or the "quality control" guys arn't doing their job). It will also mean "Solid Numbers" are only issued every 11 years and NO Million Notes. Plastic notes have a different serial number format, If I look at a bill in my wallet, the # is EF 05158418, the first two numbers 05 means it was printed in 2005, all the numbers change except the first two 05, and because there are only 6 other digets, so no million notes. And solid numbers will only appear in 2011, 2022 etc.
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manilagalleontrade



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Fri Aug 21, 2009 5:11 am

I have the impression that most errors are intentional for outside selling. Is that possible?
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Tue Sep 08, 2009 11:12 am

just posting cross post.

For future ref.

for design.

http://www.coinpeople.com/index.php?showtopic=24756

Philippine style.

Maybe like border of bamboo leaves and stem.

Or narra national tree.

Or coconut tree of life.

Maybe palay.

Nice sample of notes there design,style,and history,but also the symbolism and significance.
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Fri Sep 11, 2009 7:23 am

Just a comment.

The highest denomination in Philippine notes or bill should be just only 500 pesos in polymer notes.
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Tue Oct 06, 2009 5:18 am

Is the Philippines currency is in Big Big Big Trouble sinking into the unknown?
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Tue Oct 06, 2009 5:56 am

I will go to the history of Phillipines currency and its metal content its denomination its value,purchasing power and agrrement between trading.

First of all like to thank all the write from all sites contributing and the the writer in wikipedia.

There are 2 article in FN as listed linked above.

And another this one.

http://philmoney.blogspot.com/2009/08/bsp-to-redesign-all-philippine.html

Entry in wikipedia.

http://en.wikipedia.org/wiki/Philippine_peso_coins

http://en.wikipedia.org/wiki/Philippine_peso

http://en.wikipedia.org/wiki/Banknotes_of_the_Philippine_peso

Kindly do not repeat tha past mistake in the past and do not denometized the small denomination and create a paper notes larger than 500 pesos,just a comment it will bring unimaginable hardship to the Filipinos.
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Tue Oct 06, 2009 9:48 am

There are some artist seen in the web.

Angel cacnio and manaquil.

http://library.thinkquest.org/20213/data/angel3.htm

About the demonitezation of smaller denomination can anyone imagine what is the result of it,from silver bullion in 1967 to decimalization to fiat to floating currency.

If there is a plan of issuing much mire higher denomination in notes,see more 0 zero just a comment its worst.

About the liwer denomination.

Even in other countries it was discuss in other forums and the result is not good in Philippines perspective just a comment its worst.

Even others will ague that there is nothing you can buy from 1 sentimo it is true but do not demonitzed the lower denomination.

If trader nd business will inc there price or value to there product only 1 peso is the smallest denomination just a comment 1 peso is the least and minimum increase they will have per product.

All the ingridient the baker will use to make a loaf of bread is 1 peso before the loaf is made it is already several pesos already and all the stages it will go through before it end up in the consumer the price will be very high just a comment.

That is only one product and combine that to all the needs of a Filipino.

Just a comment astronomically unimaginable,just a comment.
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Wed Oct 07, 2009 8:38 am

Just posting.

http://site440.mysite4now.net/hoschcoins/site1/Portals/0/COIN%20DESIGNERS.pdf

http://www.artverite.net/artists_profiles.htm
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Fri Oct 09, 2009 9:52 am

Seen in Krause 1967 on one sentimo is 100 sentimo to a piso.

Others can count how many Philippines sentimo to other world currencies.

If it is only piso is the lowest denomination how they will going to count it to other world currencies by ratio?

If Piso becaming a sentimo dont know what the effect of it?

And it will only have 3 coins for circulation 1 5 and 10 piso if it will happen just a comment.

If it is made of silver like in the past others can measure it easly ounce by ounce world currencies.
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nic



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Fri Oct 09, 2009 1:29 pm

Hi Josie Very Happy
For currency conversions this site is useful
http://xe.com
click "tools" then click "currency converter"

we havent hit the bottom of the barrel, one Philippine Peso is still = to 40 Colombia Pesos and = 11 Chile Pesos among other things

It would be nice to bring back P28=1US$ circa abt 1987, but that would be fantasy, i Think Very Happy
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Fri Oct 09, 2009 9:04 pm

Thanks you for the reply Nic.

I will just wait and see.

especially this december.
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nic



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Sat Oct 10, 2009 5:11 pm

Hi and thanks too Very Happy
December is a special month for me, my buying schedule to "replenish" or add coins to my collection is, yes, December, the first three weeks, this is the time when dealers I know, are accomodating to discounts because of the festive season in the air.

So by mid to end November, I more or less have my list of wanted coins and the budget to go with it, and the festive season becomes even better! Very Happy

Try it!
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Sat Oct 10, 2009 10:50 pm

There new notes also release in december.

But this december is one year after the congress have a resolution to demonitized the coin lower than one peso and it is in one of the section.

Dec 08 to dec 09.
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kolektor



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Mon Oct 12, 2009 9:20 am

Redesigning is a deceptive term for demonitization. It is one way for the banks to extend the lifespan of paper currencies which is backed by nothing. Very Happy
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josie



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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Tue Oct 13, 2009 7:52 am

nic wrote:
Hi Josie Very Happy
For currency conversions this site is useful
http://xe.com
click "tools" then click "currency converter"

we havent hit the bottom of the barrel, one Philippine Peso is still = to 40 Colombia Pesos and = 11 Chile Pesos among other things

It would be nice to bring back P28=1US$ circa abt 1987, but that would be fantasy, i Think Very Happy

Very nice post Nic

Seen in krause 2008

Philippines still have 1 centavo listed until 2005.

Not into columbia or chile.

Columbia

listed in krause

lowest coin listed ascending.

20 pesos, 50,500 in 2004 is the highest listed, no centavo listed maybe that why Philippines peso is still strong compared to Colombia Peso.

http://coins.about.com/od/worldcoins/ig/World-Coins-Gallery-Index/Columbia-Money-Coins.htm



Chile

Listed in krause.

Lowest coin listed ascending.

1 peso,5,10,50,100,500 in 2003 is the highest listed, no centavo listed maybe that why Philippines peso is still strong compared to Chile Peso.

http://en.wikipedia.org/wiki/Chilean_peso

Almost one billion dollar a month remittance of ofw seen some graph in INQ 7 still Philippine Piso is strong, then sudenlly demonitized coins and print larger Philippines notes.

What is that zimbawee?

Zimbawee is way way much better they are in embargo.

Philippines is not suddenlly demonitized just a comment it seems to be worst than in 1967 where currency reserve and gold reserve deplited.

Section 57.

http://www.bsp.gov.ph/downloads/regs/New_Central_Bank_Act.pdf

Other can share if they have more info.
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PostSubject: Re: Question about the new proposed Philippine polymer notes?   Today at 9:36 pm

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