1 Real (small type) 1843-1851 front 1 Real (small type) 1843-1851 back
1 Real (small type) 1843-1851 photo
© Heritage Auctions

1 Real small type

 
Silver (.902) 3 g 19 mm
Description
Issuer
Chile
Period
Republic (1818-date)
Type
Standard circulation coin
Years
1843-1851
Value
1 Real
Currency
Republic Real (1817-1852)
Composition
Silver (.902)
Weight
3 g
Diameter
19 mm
Shape
Round
Technique
Milled
Demonetized
Yes
Updated
2024-10-04
References
Numista
N#35258
Rarity index
69%

Reverse

Script: Latin

Interesting fact

One interesting fact about the 1843-1851 Chilean 1 Real coin is that it was minted during a time of economic and political change in Chile. The coin was introduced as part of a decimalization effort, replacing the old Spanish colonial system of pesos and reales with a new system based on the peso, which was divided into 100 centavos. This change was meant to simplify trade and commerce, but it also led to some confusion and resistance among the population, who were used to the old system. Despite these challenges, the 1 Real coin remained in circulation for several decades and is now a sought-after collector's item.