The year 2017 marked a significant milestone for the Association of Southeast Asian Nations (ASEAN) as it celebrated its 50th anniversary. To commemorate this golden jubilee, the Philippines, as the chair of ASEAN for that year, issued a special commemorative coin – the “2017 ASEAN coin”. This coin quickly became a sought-after item among collectors, symbolizing the region’s unity and progress.
Understanding the Significance of the 2017 ASEAN Coin
The 2017 ASEAN coin holds both monetary and symbolic value. Issued by the Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines, the coin features the official logo of the ASEAN’s 50th anniversary and has a denomination of 50 Philippine pesos.
Beyond its face value, the coin represents a tangible symbol of ASEAN’s journey and achievements over half a century. It serves as a reminder of the organization’s commitment to regional cooperation, peace, and prosperity. The coin’s design, featuring the ten rice stalks representing the ASEAN member states, further emphasizes the theme of unity and shared prosperity.
Design and Features of the 2017 ASEAN Coin
The design of the 2017 ASEAN coin is both symbolic and aesthetically pleasing.
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Obverse Side: The obverse side of the coin prominently features the official logo of ASEAN’s 50th anniversary. Encircling the emblem is the inscription “50th ASEAN Anniversary,” along with the year “2017.”
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Reverse Side: The reverse side displays the standard design found on other 50-piso coins, including the denomination “50 Piso” inscribed at the bottom and the image of the Philippine national hero, Andres Bonifacio.
The 2017 ASEAN Coin: A Collector’s Item
The 2017 ASEAN coin, with its limited mintage and historical significance, has become a prized possession among coin collectors. Its unique design and association with ASEAN’s 50th anniversary contribute to its appeal and value in the numismatic community.
Finding these coins can be an exciting endeavor for collectors. Online platforms like eBay often feature listings for the coin, while coin shops and dealers specializing in Southeast Asian currency might also have them in their inventory.
Factors Affecting the Coin’s Value
Several factors influence the value of a 2017 ASEAN coin among collectors:
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Condition: The coin’s condition plays a significant role in determining its worth. Coins in pristine condition, free from scratches or blemishes, command higher prices.
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Rarity: While the exact mintage figures for the 2017 ASEAN coin are not publicly available, it is considered a relatively scarce coin, further adding to its value.
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Demand: The demand from collectors can fluctuate over time, influencing the coin’s market price.
Conclusion
The 2017 ASEAN coin stands as a testament to the enduring spirit of the Association of Southeast Asian Nations. More than just a currency, it encapsulates the shared history, progress, and aspirations of its member states. For collectors, this coin represents a tangible piece of ASEAN’s legacy, a reminder of the organization’s journey towards a more integrated and prosperous Southeast Asia.
Are you interested in learning more about ASEAN’s history and its impact on Southeast Asia? Check out our article on ASEAN 50 Philippines.
