How Much Does this 1977 5,000-peso Gold Coin Cost Today?
I know a lot of Filipinos are goin’ gaga over Noynoy’s inflationary new Philippine peso bills. Some of my friends love the pinkish 50-peso bill. I don’t!
Now let me tell you one of the few things I like about the country’s strongman Ferdinand Marcos. His 1970s 5,000-peso gold coins!
Reverse: Seal of the President of the Republic of the Philippines, Republika ng Pilipinas, 5000 Piso
Quality: Frosted proof
Material: 2.21 troy ounces 900/1000 fine gold
Text on sealed cachet: The 1977 Five Thousand Piso Gold Coin of the Philippines.
The proof coin contained within this sealed cachet was struck by The Franklin Mint on March 24, 1977 the first day of minting of this Proof coin.
Minted under the authorization of the Central Bank of the Philippines by the Franklin Mint, Franklin Center, Pennsylvania, U.S.A.
Signed G.S. Licaros (Governor, Central Bank of the Philippines) and Charles L. Andes (Chairman of the Board, The Franklin Mint).
Obverse: President Ferdinand E. Marcos and First Lady Imelda R. Marcos, The New Society, “V Anniversary”, 1972-1977
The Five Thousand Philippine Peso Commemorative Gold Coins are being currently sold in the market for a minimum price of Php350,000.
What’s the price of gold today? According to Goldprice.org, the price of one gram of gold is PHP1933.73. There are 31.1034768 in one troy ounce of gold.
So if the gold coin in the photo above were not a Marcosian commemorative gold coin, its current price would have been PHP132,922.05! What does this mean? It only means that this is the right time to return to the gold standard and abandon fiat currency and today’s dollar standard!
i do have a republic of the philippines 5000 piso gold proof coin (same as the gold coin photo above). If i will sell it , what will be the price value of the said 5000 piso gold proof coin? In addition, where can i sell it?
Nope! It’s being sold at P350,000. The exact value of its gold content is PHP132,922.05! You may sell it online (e.g., ebay, paid ads, etc.).
I have two 1000php gold coins. How much can i sell it?
Wait a minute. if gold is worth P1,933.73 per gram, and a coin weighs 1Troy Oz. (31.1034768), so.. P1,933.73 x 31.1034768 would yield only P60,145.72619 per coin… now I’m confused, very confused.
how much are you selling?
since my gold coin is a commemorative one… 295-300 thousand… this coin of my is still sealed… by the way where u from? me im from makati… are you a gold coin collector?…. thanks
please let me know immediately if you are selling your gold coin… im a sure buyer, let me know your price. 09178311833
I am a serious buyer of 1000 and 5000 peso gold coin. How much you can sell? email me at kimken2000@gmail.com or text me at 09233903441.
i have 1975 1000 gold marcos piso, with box, certificate and inside plastic case still untouched. how much woild you buy. i’m from cubao. thanks.
So if the gold coin in the photo above were not a Marcosian commemorative gold coin, its current price would have been PHP132,922.05! What does this mean?
It means whoever’s selling them on the market for almost 3x the price is ripping their customers off, that’s what.
I don’t think so. If you sell that gold coin many times its fair market value, potential costumers might not buy it. But if a person decided to buy it, the seller wouldn’t be ripping off his costumer since the sale was made on mutual consent and consideration. Costumers still have the choice not to buy an overpriced item/product.
Tama!
i just want to sell my 5000 piso gold coin…. the said coin is still sealed it comes from a blue box… unfortunately it doesnt have a certification. Im selling it for 180 thousand pesos (negotiable)… contact me at this number 09234350419…
Auction price is Php 150,000
if anyone is interested buying my 5000 piso gold proof coin… just pm me …. thanks
Hello lords, are you still selling that 5,000 peso Gold Coin?
I have to see it in person to authenticate it if it is REAL gold proof or just GOLD plated. There are counterfeiters that are good at Gold plating coins.
is it still available? email me at kimken2000@gmail.com or text me at 09233903441.
Could I get these amounts in English? all this ‘P’ stuff is confusing to me.
Also, other than the 5000 piso coin, do any Filipino regular pesos/pisos have gold or silver in them? If so which dates? The info in Wikipedia seemed a bit obscure to me. I’m probably just dense, but if someone could clear this up I would be grateful.
Thanks!
hi, that’s a city aggregation. There is few mistakes but the water is here.
wow,i dont know this,.,.wow,this is amaizing,.,.a gold coin,.,.
ako tanga i have a 10000 peso platinum coin i gave it to a beggar