BSP Unveils Limited-Edition Pahiyas Festival Pure Silver Coin for May Release

The Bangko Sentral ng Pilipinas (BSP)(Bank Central of the Philippines) will officially expand its prestigious cultural numismatic collection on May 21, 2026, with the highly anticipated release of the Pahiyas Festival Commemorative Coin. Minted from 99.9% pure silver, this legal tender piece represents the May entry in the landmark “Pista sa Pilipinas” 100-Piso Philippine Festivals Commemorative Coin Series.

First introduced to the public in late 2025 by BSP Governor Eli Remolona Jr. alongside President Ferdinand Marcos Jr., the 12-coin chronological rollout honors the country's most iconic cultural traditions. The initiative directly supports the national government's agenda to drive domestic tourism, safeguard local heritage, and boost citizen engagement during the Philippines’ high-profile tenure as the Association of Southeast Asian Nations (ASEAN) Summit Chair.

Advanced Numismatic Specs and Artistry

The new issue sets a premium benchmark for modern Philippine coin craftsmanship. Each piece weighs exactly 31.1 grams (1 Troy ounce) and spans a wide 38.6 millimeters in diameter.

The artistic design visually encapsulates the legendary harvest festival of Lucban, Quezon:

Obverse Side: Features stylized agricultural iconography, local harvest elements, and specialized geographic patterns that reflect Lucban's vibrant decorations.

Reverse Side: Displays the official seal of the Bangko Sentral ng Pilipinas, cleanly bordered by a ring showing its structural weight and silver purity verification.

Strict Scarcity and Fixed Premium Pricing

To preserve immediate market exclusivity and protect long-term asset appreciation for regional numismatists, the BSP Monetary Board capped production of this specific design at a highly restricted mintage limit of 3,000 pieces. The central bank set the retail price at ₱5,000.00 per individual coin. This valuation incorporates the base commodity price of physical fine silver, intricate minting execution at the BSP Security Plant Complex, and the unique, low-volume collectibility factor.

Structural Logistics for Secure Purchases

Reflecting modern secure retail frameworks, the BSP has streamlined its distribution to combat third-party scaling and bulk-purchasing syndicates:

Host LGU Pop-Up Stores: A dedicated allotment of coins is initially offered physically to locals and tourists inside official local government pop-up venues during the active festival timeline.

In-Person Central Purchase: Exactly seven calendar days following the core festival conclusion, remaining physical stock is accessible directly at the main BSP Headquarters Store.

Online Allotments: Digital purchases are routed sequentially through the official BSP Online Store.

Due to the intense sell-out speeds observed during the earlier rollouts of the Cebu Sinulog coin in January and Ilocos Norte's Tan-ok ni Ilocano coin in February, the central bank enforces a strict purchase cap of one (1) piece per registered customer account. Buyers looking for historical context or updates can track future allocations or contact inventory staff directly via the BSP Store Email.