The purported reissuance of coins belonging to the “Ang Bagong Lipunan (New Society) Series,” or the coins produced under the dictatorship of Ferdinand E. Marcos, gained traction online.

MANILA, Philippines — The Bangko Sentral ng Pilipinas on Friday ordered the demonetization of commemorative “Pilipino,” “Ang Bagong Lipunan” and “Flora and Fauna” coin series ...

In a statement, the central bank said the “Pilipino,” “Ang Bagong Lipunan (ABL)” and “Flora and Fauna” coin series would cease to become legal tender beyond April 30, 2019. These ...

BSP said the Monetary Board decided to demonetize the commemorative Pilipino, Ang Bagong Lipunan, and Flora and Fauna coins, which were sold in sets. “By virtue of Circular No. 81 dated 28 ...

According to the BSP, the images circulating on social media were part of the “Ang Bagong Lipunan” coin series that the bank issued in 1975. However, they were demonetized in 1998, meaning ...

“Some images of coins circulating on social media are part of the ‘Ang Bagong Lipunan’ coin series issued by the central bank in 1975, and demonetized in 1998,” the BSP said in a statement.