Defacement, Mutilation, Tearing, Burning or Destroying Central Bank Notes and Coins
It shall be unlawful for any person to willfully deface, mutilate, tear, burn, or
destroy in any manner whatsoever, currency notes and coins issued by the Central Bank.
Mutilation under the Revised Penal Code is true only to coins.
It cannot be a crime under the Revised Penal Code to mutilate paper bills because the
idea of mutilation under the code is collecting the precious metal dust. However, under
Presidential Decree No. 247, mutilation is not limited to coins.
Note that persons making bracelets out of some coins violate Presidential Decree
No. 247. So, if the act of mutilating coins does not involve gathering dust like
playing cara y cruz, that is not mutilation under the Revised Penal Code because
the offender does not collect the metal dust. But by rubbing the coins on the sidewalk,
he also defaces and destroys the coin and that is punishable under Presidential
Decree No. 247.