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In 1686 Spain minted a coin worth 8 reales provinciales (or only $0.80, known as the peso maria or peso sencillo) which was poorly received by the people. [1] An edict made in the same year which valued the peso duro at $1 = 15 and 2/34 reales de vellon proved to be ineffective as the various reales in circulation contained even less silver ...
The Chilean peso (symbol: $) was the legal tender of Chile from 1817 until 1960, when it was replaced by the escudo, a currency that was itself replaced in 1975 by a new peso. [ 1 ] It was established in 1817, together with the country's independence, and in 1851 the decimal system was established in the peso, which was made up of 100 centavos.
The dearth of pre-1857 copper coins were addressed by counterfeit two-cuarto coins (worth 1/80th of a peso) made by Igorot copper miners in the Cordilleras. In 1897 Spain brought over 1-peso silver coins as well as 5 and 10 centimos de peseta to be accepted by Filipinos as 1 and 2 centimos de peso.
To encourage circulation, the denominations were modeled on those produced by the Spanish, namely a silver Peso similar to that minted in Madrid in 1897, denominations of fifty, twenty (instead of twenty-five), and ten Centavos, and a one Centavo similar in size to some pattern cents minted by the Spanish.
After 1963 the Peso Oro became a fiat currency and base metals replaced silver in the higher denominations, with the 10, and 25 centavos and 1 ⁄ 2 pesos reintroduced in copper-nickel in 1967. 1 peso coins were struck as only commemorative in small numbers.
The United States of New Grenada issued silver 1 décimo and 1 peso in 1861. Beginning in 1862, coins were issued by the United States of Colombia. Silver coins were struck in denominations of 1 ⁄ 4, 1 ⁄ 2, 1, 2, and 5 décimos, and 1 peso, together with gold 1, 2, 5, 10, and 20 pesos. With the introduction of the centavo in 1872, silver 2 ...
During the colonial period, silver coins were minted in denominations of 1 ⁄ 4, 1 ⁄ 2, 1, 2, 4 and 8 reales, with gold coins for 1 ⁄ 2, 1, 2, 4 and 8 escudos. In 1822, a provisional coinage was issued in the name of the Republic of Peru in denominations of 1 ⁄ 4 real, 1 ⁄ 8 and 1 ⁄ 4 peso (equal to 1 and 2 reales) and 8 reales ...
The Spanish dollar, also known as the piece of eight (Spanish: real de a ocho, dólar, peso duro, peso fuerte or peso), is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver.