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The silver 1 lempira coins ceased production in 1937, with the other silver coins (20 & 50 centavos) replaced by cupro-nickel in 1967. The 1 and 2 centavos coins were last minted in 1998 and 1974, respectively. Coins of the following denominations are currently legal tender. [4] However as of 2024 coins are only very rarely used for payments.
The first coin issues in 1862 were a provisional copper coinage in denominations of 1, 2, 4 and 8 pesos. This was followed between 1869 and 1871 by a cupro-nickel coinage in denominations of 1 ⁄ 8, 1 ⁄ 4, 1 ⁄ 2 and 1 real. Silver 5, 10, 25 and 50 centavos and gold 1 peso coins were introduced that in 1871 following decimalization.
A sample of coins at the end of the 18th century, however, confirm a fineness of only 0.896 (hence, fine silver 24.25 g); see Currency of Spanish America. The weight of the United States dollar was defined in 1788 as 371.25 grains of fine silver (or 24.057 g) based on the average silver content of worn peso coins. The full 0.9028 fineness was ...
The real was the currency of Honduras until 1862. [1] Before 1824, the Spanish colonial real circulated, followed by the Central American Republic real. Sixteen silver reales equalled one gold escudo. [citation needed] Honduras's own real was introduced in 1832. Coins were issued in denominations of 1 ⁄ 2, 1, 2, 4 and 8 reales.
The customary design on coins is a portrait of a notable individual (living and/or deceased) on the obverse or reverse, unless the subject is depicted on both sides of the coin. Elizabeth II , former Queen of the Commonwealth realms and their territories and dependencies, features on more coins than any other person.
Silver coins are one of the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver.
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