Any person who make, imports, or utters false coins, in connivance with counterfeiters, or importers, shall suffer:
1. Prisión correccional in its minimum and medium periods and a fine not to exceed Four hundred thousand pesos (₱400,000), if the counterfeited coins be any of the coinage of the Philippines. 2. Prisión correccional in its minimum period and a fine not to exceed Two hundred thousand pesos (₱200,000), if the counterfeited coin be currency of a foreign country.