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1 ⁄ 2 and S/. 1 coins in .500 fineness silver. The silver 1 ⁄ 2, and 1 sol were replaced by brass coins in 1935. Brass 5, 10, and 20 centavos followed in 1942. In 1950, zinc 1 and 2 centavo coins were introduced which were issued until 1958. In 1965, 25 centavo coins were introduced, followed, in 1969, by cupro-nickel S/o 5 and S/o 10.
1950 1951. Non-circulating coins. Face value Coin Obverse design Reverse design Composition Mintage Available Obverse Reverse 50¢ Booker T. Washington Memorial half ...
Because the colón replaced the peso at par, 1 and 5 centavos coins issued before 1919 continued to be issued without design change after the colón's introduction. In 1921, cupro-nickel 10 centavos were introduced, followed by silver 25 centavos in 1943. In 1953, silver 50 centavos were introduced alongside smaller silver 25 centavos.
From 1903 to 1906, the silver coins had a silver content of 90%, while those struck after 1906 had a reduced silver content of 75% for 10 through 50 centavos and 80% for the peso. In both cases the silver was alloyed with copper. The obverse of these coins remained largely unchanged during the years 1903 to 1945.
In the seventeenth century the silver real was established at two billon reales (reales de vellón) or sixty-eight maravedíes. Gold escudos (worth 16 reales) were also issued. The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar , becoming an international standard and ...
It was minted in 0.2204 oz. (6.25 g) of 90% fine silver until 1964, when rising silver prices forced the change into the present-day cupronickel-clad-copper composition, which was also called the "Johnson Sandwich" after then-president Lyndon B. Johnson. [13] As of 2011, it cost 11.14 cents to produce each coin. [14]