The “1 Piso Asean 50 Value” is a frequent search query for coin enthusiasts and those intrigued by Southeast Asian commemorative currency. This article delves into the details of this special coin, exploring its historical context, design elements, and significance in the numismatic world.
Commemorating a Milestone: The ASEAN 50th Anniversary
In 2017, the Association of Southeast Asian Nations (ASEAN) celebrated a significant milestone – its 50th anniversary. To commemorate this occasion, the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, released a commemorative 1-piso coin. This coin served as a tribute to the regional bloc’s journey and achievements over five decades.
Unveiling the Design: Symbolism and Significance
The 1 Piso ASEAN 50th anniversary coin boasts a unique design that reflects the spirit of ASEAN.
- Obverse Side: The coin’s obverse side proudly displays the official logo of the ASEAN 50th anniversary. This logo, comprising the numeral “50” encircled by stylized rice stalks, encapsulates the core values of ASEAN: unity, prosperity, and shared growth. The year “2017” is inscribed below the logo, marking the anniversary year.
- Reverse Side: The reverse side features the standard design of Philippine 1-piso coins, including the denomination, the inscription “Republika ng Pilipinas,” and the year of minting.
Numismatic Value and Rarity
While the 1 Piso ASEAN 50th anniversary coin holds face value in the Philippines, its commemorative nature contributes to its numismatic appeal.
- Limited Mintage: The BSP produced a limited quantity of these commemorative coins, enhancing their collectability.
- Historical Significance: As a tangible reminder of a significant event in ASEAN’s history, the coin holds historical value for collectors.
- Condition: The coin’s condition significantly influences its value. Uncirculated or proof coins command higher prices compared to circulated ones.
Factors Influencing Value
Several factors can influence the value of a 1 Piso ASEAN 50th anniversary coin:
- Grade: The coin’s condition, as assessed by professional grading services, directly impacts its value.
- Rarity: Coins in pristine condition or those with rare minting errors are highly sought after by collectors.
- Market Demand: The level of collector interest and demand for specific commemorative coins can fluctuate, affecting their market value.
Conclusion
The 1 Piso ASEAN 50th anniversary coin stands as a testament to ASEAN’s journey and its enduring spirit of unity and cooperation. While its face value remains minimal, its commemorative nature and limited mintage make it a desirable addition to any coin collection, particularly for enthusiasts interested in Southeast Asian numismatics.
FAQs
1. Where can I find information about the value of my 1 Piso ASEAN 50th anniversary coin?
Reputable online coin marketplaces and numismatic resources can provide insights into the current market value of commemorative coins.
2. How can I determine the grade and authenticity of my coin?
Professional coin grading services offer expert authentication and grading, providing an accurate assessment of your coin’s condition and value.
3. Are there other commemorative coins issued by ASEAN member states?
Yes, many ASEAN member states release commemorative coins to mark significant national or regional events, adding diversity and historical depth to Southeast Asian numismatics.
