1 Peso


Silver (.900) (Copper .100)	25 g	38 mm

Description

Issuer	Honduras
Period	Republic (1862-date)
Type	Standard circulation coin
Years	1881-1883
Value	1 Peso
Currency	Second Peso (decimalized, 1879-1931)
Composition	Silver (.900) (Copper .100)
Weight	25 g
Diameter	38 mm
Thickness	2.5 mm
Shape	Round
Technique	Milled
Demonetized	11 March 1931
Updated	2024-10-05

References

Numista	N#75238
Rarity index	87%

Reverse

Standing Liberty with left feet in base of column. In her right hand a flag with 5 stars and UNION. Her left hand supported by Constitution. Legend at top. Tritons and tridents at each side with P and A. And legend under floor.

Script: Latin

Lettering:
15 DE SETIEMBRE DE 1821
UNION
CONSTITUCIÓN
PAZ PROGRESO I LIBERTAD
27 DE AGOSTO DE 1876
P A
CENTRO-AMERICA

Translation:
15th Sept. 1821
Union
Constitution
Peace, Progress and Freedon
27-Aug.-1876
P A
Central America

Comment

Some alignments are neither medal or coin as a few pose at a right angle or 90 degrees out.

These coins were minted to the specifications of the Latin Monetary Union. When the government of Honduras pegged its currency for 2:1 to the United States Dollar in 1918, these coins had a nominal face value of 50 cents despite containing 80-90 cents worth of silver. Additionally, due to the poor refining process, these coins contain traces of gold. Starting in 1919, these coins were melted for their gold content. By 1920, about 90% of these coins had been melted.

Interesting fact

One interesting fact about the 1881-1883 Honduran 1 Peso coin is that it was minted during a time of political instability in the country. Honduras had recently gained independence from Spain in 1821, but it was struggling to establish a stable government. The coin was minted during the presidency of Marco Aurelio Soto, who was instrumental in modernizing the country's economy and infrastructure. Despite the challenges of the time, the coin remains a valuable piece of Honduran history and a testament to the country's resilience.