ART.163.

ELEMENTS:
1. That there be false or counterfeited coins (need not be legal tender);
2. That the offender either made, imported or uttered such coins; and
3. That, in case of uttering such false or counterfeited coins, he connives with
    counterfeiters or importers.

NOTES:

A coin is counterfeit, if it is forged, or if it is not authorized by the government
as legal tender, regardless if it is of intrinsic value.

Counterfeiting is the imitation of legal or genuine coin such as to deceive an ordinary
person in believing it to be genuine.

To utter is to pass counterfeited coins, deliver or give away. To import is to bring
them into port. Importation is complete even before entry at the Customs House.

This article also applies to Philippine coins, foreign state coins, and coins withdrawn
from circulation. This does not require that the coins counterfeited be legal tender.

Kinds of coins the counterfeiting of which is punished
   - Silver coins of the Philippines or coins of the Central Bank of the Philippines;
   - Coins of the minor coinage of the Philippines or of the Central Bank of the Philippines;
   - Coin of the currency of a foreign country.

People vs. Kong Leon, 48 OG 664
   Former coins withdrawn from circulation may be counterfeited under Art 163 because
   of the harm that may be caused to the public in case it goes into circulation again.