


© Heritage Auctions
1 Real small type
Silver (.902) | 3 g | 19 mm |
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 |
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.