1861: The two-peso gold coin was introduced by the Spaniards, containing 3.38 grams of 0.875 fine gold. The coin featured a left-sided profile of Isabel II on its obverse, while the reverse has the Coat of arms of Spain with the lettering “REINA DE LAS ESPAÑAS”.[2]
Independence
Flora and Fauna Series; On September 30, 1983, the BSP introduced ₱2 coins as part of the Flora and Fauna Series. The coin was decagon-shaped (ten-sided), mass 12.0 g and diameter 31.0 mm, with the profile of Andrés Bonifacio on the obverse and the Coconut Tree (Cocos nucifera) on the reverse. The original 1983 larger size, decagon-shaped, and copper-nickel composition last issue is the "100th Birth Anniversary of Jose P. Laurel" commemorative coin in 1991 which was introduced months before the introduction of Improved Flora and Fauna Series on April 1, 1991.
Improved Flora and Fauna Series; The coin features the same designs on both the obverse and reverse, but was reduced in mass to 5.0 g, reduced in diameter to 24.0 mm, made circular in shape, and was minted in Stainless steel instead of Copper-Nickel.
BSP Series; The two-peso coin was not included when the BSP Series was introduced.
1998: The ₱2 coin and other coins in the original Flora and Fauna and Improved Flora and Fauna Series were withdrawn, making the coin officially demonetized.[1]
Version history
Flora and Fauna Series (Decagon-shaped and larger version: 1983–1991, Smaller version: 1991–1994)
