Shiny shimmering scam! BSP warns vs buying P20 coins as ‘collector’s item’
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Shiny shimmering scam! BSP warns vs buying P20 coins as ‘collector’s item’

The Bangko Sentral ng Pilipinas has warned the public against online sellers claiming to have brilliant uncirculated or BU P20 coins with markup.

The Bangko Sentral ng Pilipinas has warned the public against online sellers claiming to have brilliant uncirculated or BU P20 coins with markup.

BU coins are a collector’s item as these are said to come straight out of the minting facility and therefore maintains its original shine.

In a Twitter advisory, the central bank clarified that all of the brand new P20 coins have been released for circulation since December 2019, which are accepted for daily transactions. Beware!

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