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Cryptocurrency News Articles

Ring made from a Philippine peso coin catches everyone's attention online

Dec 18, 2024 at 10:09 am

An Instagram user posted a video of her vacation in Siquijor, describing her experience of having someone make her a ring out of a 10 peso coin.

Ring made from a Philippine peso coin catches everyone's attention online

A ring made from a Philippine peso coin has caught everyone’s attention online.

An Instagram user posted a video of her vacation in Siquijor, describing her experience of having someone make her a ring out of a 10 peso coin.

“This is definitely one of those times where I took a big gamble,” she stated in the video.

 

 

A post shared by Kara Wildbur (@okay.kara.travels)

“I was lying on Paliton Beach in Siquijor in the Philippines when someone came over to me and asked me if I like art. Obviously my answer was yes,” she added.

They offered to make her a ring out of a 10 peso coin and offered to pay Php 1,500 for the process.

While the ring turned out to be beautiful, this actually violates the Presidential Decree No. 247 that prohibits the defacement, mutilation, tearing, burning or destruction of Bangko Sentral ng Pilipinas notes and coins.

Upon seeing the post, social media users took to the comments to share their thoughts about the making of the ring.

One user wrote, “Just to give advice.. that’s prohibited under Bangko Sentral ng Pilipinas. Our coins should be revolving in the market and not making for something.”

Another user wrote, “It’s amazing! Such a talent but unfortunately they violated Presidential Decree No. 247.”

“Amazing! Did you know that by posting this video they could spend their Christmas Eve in jail? The BSP could sue them for that is illegal. I’m worried you might be considered a co-accused since you provided the coin. They’re making a living and this not need to be posted,” as written by a third user.

More social media users have expressed their worries in the comments pointing out that the OP should not be supporting illegal activity.

Presidential Decree No. 247 explicitly prohibits the willful defacement, mutilation, tearing, burning, or destruction of Philippine currency notes and coins. Making a coin into a ring would likely be considered “mutilation” or “destruction” under this law.

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News source:pop.inquirer.net

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Other articles published on Dec 18, 2024