1 Peso 1892-1914 front 1 Peso 1892-1914 back
1 Peso 1892-1914 photo
© Heritage Auctions

1 Peso

 
Silver (.900) (Copper .100) 25 g 37 mm
Description
Issuer
El Salvador
Period
Republic (1841-date)
Type
Standard circulation coin
Years
1892-1914
Value
1 Peso
Currency
Peso (1861-1919)
Composition
Silver (.900) (Copper .100)
Weight
25 g
Diameter
37 mm
Thickness
2 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
12 September 1919
Updated
2024-10-04
References
Numista
N#24742
Rarity index
31%

Reverse

Bust of Christopher Columbus left. With name at top, value and legend at bottom.

Script: Latin

Lettering:
•CRISTÓBAL COLÓN•
UN PESO
AMÉRICA CENTRAL

Translation:
Christopher Columbus
One Peso
Central America

Comment

Although denominated in Pesos, this coin was issued after the Salvadoran currency was officially renamed the Colón. Most of these coins sat in bank vaults until they were demonetized and melted in 1919.

 

All coins bear the C.A.M. mint mark. However, they were minted in different countries:

KM#115.1 - Central American Mint and Monnaie Royale de Belgique. Of the coins dated 1904, 400,000 were minted by the Royal Belgian Mint.
KM#115.2 - U.S. Mints - Heavier portrait, wider right shoulder. For the 1914 issue, 510,993 were minted in Philadelphia and 511,108 in San Francisco.

Due to the 1914 German invasion of Belgium, the 1914 Belgian issue was seized by the German military and remelted that year.

Interesting fact

One interesting fact about the 1 Peso 1892-1914 coin from El Salvador is that it was one of the first coins to feature the country's national emblem, the coat of arms of El Salvador, which was adopted in 1824. The coat of arms features a shield with five volcanoes, representing the five countries of Central America, and a rising sun, symbolizing the hope for a brighter future. This coin was minted during a time of great change and political upheaval in El Salvador, and the inclusion of the national emblem on the coin reflects the country's growing sense of national identity and pride.

Price

Date Mintage VG F VF XF AU UNC
1892 C.A.M. 250500 - - - - - -
1893 C.A.M. 354500 - - - - - -
1894 C.A.M. 2249800 - - - - - -
1895 C.A.M. 2161800 - - - - - -
1904 C.A.M. 400000 - - - - - -
1908 C.A.M. 1600000 - - - - - -
1909 C.A.M. 693170 - - - - - -
1911 C.A.M. 1022101 - - - - - -
1914 C.A.M. 20 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Peso 1892-1914 coin.