😡 5-Peso vs 1-Peso Coins: Cutting down the confusion πŸ€‘

in macrophotography β€’Β  7 years agoΒ  (edited)

Be mindful of how much you're paying at all times!

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[Canon EOS 1300D, f/6.3, 1/60, 190mm Macro, ISO1600]

By the end of 2017, the Banko Sentral ng Pilipinas (BSP) appealed to the public to familiarize themselves with the new 5 peso coin. I somehow missed the news and lost four pesos sometime in January. The reason is, the rare new 5-peso coin.

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I took a snap of these two similar coins back-to-back not only to familiarize myself with the coins and share this reminder but also to practice using my macro zoom lens. This is what's cool about photography. You can take pictures of everyday ordinary objects and have fun!

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It's not the usual angle coins are photographed because just like a pizza, it has most of its features on the flat surface, not on the edges (unlike hamburgers). Nonetheless, it looks interesting (at least for me) when shot from an angle.

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Despite the similarities, people are already starting to be familiar with the new design.

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Notably, the 5-peso coin is only slightly larger and thicker than the one peso coin. One difference people overlook is that the new 5-peso has a smooth edge and the 1-peso has a serrated edge. It's easy to 'feel' the difference if you're aware of it.

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Image Source

Deputy Director of the Currency Issue and Integrity office of the BSP said in an interview that they do everything to make sure that the new coins they release are differrent from the old ones and that the public may think that the coins look similar but the design and composition are different.

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As far as I'm concerned, it's still very much possible to mistake a 5-peso coin to a 1-peso. The main reason is: There are still more old 5-peso coins in circulation (based on my observation) than the new ones. People are still used to the old coins. The picture on the left is my wife's coin bank. She keeps all 5 and 10-peso coins she gets her hands on and there seems to be only one new 5-peso coin. I had to shake the bottle many times to reveal the shiny new coin. I remember there was also confusion with the 10-peso coin. Many people mistook it for a 1-peso despite being larger, probably because of its nickeled edge. It's hard to see the copper center while it's being held or sandwiched among 1-peso coins.

So there you have it! I'm sure we are now less likely to lose 4 pesos by counting a new 5-peso coin as a 1-peso.

Photography Lesson for Today:

Mentally rehearse your composition even if you're not holding the camera. After being with your DSLR for a while, you'll start to remember some settings or common combinations. For example: Imagine it's a sunny day, you're outside and you have to take pictures of shiny coins on the pavement under the sun. What would your settings be like? - Certainly, the ISO won't be as high as 1600. - Not even 400. 100-200 is in the ballpark since coins shine under direct sunlight.

Thanks for reading/viewing!

[Credits to the Author of Life]

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Please stay tuned for my favorite everyday photos and the lessons I learned behind the scenes.

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True, If I saw new 5 or 10 peso coin, I immediately use it. It is very hard to distinguish.

I totally agree! Kaloka.

Minsan napa away pako sa isang coffee shop saying that I should have 20 pesos instead of 4 pesos lolol.

Ahahaha, lakas makatanga ng coins natin. Yung friend ko din napahiya sa jeep dahil jan. Hehehehe, anyway moving forward tingnan daw muna natin. Halatang di daw tayo nanonood ng news. LOL


we missed the news as well
and only became aware of the new five-peso coin when the cashier lady dutifully informed us as she handed the change
we're not in favor of the new five-peso design; they could have at least used the color of the old coin to easily distinguish it from the one-peso coin
still whenever i see one,
i can't help but collect it~
^o^

Β  Β· Β 7 years agoΒ 

I wonder why they make coins that look alike. Well maybe we will all go to steem dollars anyway.:)

Nice one. At least the symbol SBD doesn't look like any other currency. The only problem I had was when I was new to cryptos, I assumed that SBD and Steem are the same currency and my money was stuck at an exchange. What a pity! Haha.

I myself don't get the logic as well. It's a pain and waste of time to be honest.

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Β  Β· Β 7 years agoΒ 

This is a nice post. Thanks for sharing. Thank you so much steemit for kind you information.
GoOd job, sir

Thanks too for being here buddy.

If you are not careful, you'll probably make a mistake. It's not easy to distinguish...

Β  Β· Β 7 years agoΒ 

You have shared knowledge about how to shoot correctly, and so people should be able to tell the difference

Hola excelente tu post te invito que conozcas el mio y me regales un voto, gracias un Abrazo Gigante desde Charallave Venezuela @dannyffer
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That same thing happened when they lauched the new 50php bill and 20php bill. Seriously, I can't count the times I lost my money.