© Heritage Auctions
© Heritage Auctions
1 Real State of Honduras - Provisional
| Billon (.100 silver) | - | 23 mm |
| Issuer | Honduras |
|---|---|
| Period | Republic (1862-date) |
| Type | Standard circulation coin |
| Years | 1851-1852 |
| Value | 1 Real |
| Currency | First Real (1800-1861) |
| Composition | Billon (.100 silver) |
| Diameter | 23 mm |
| Shape | Round |
| Technique | Milled |
| Demonetized | 24 May 1862 |
| Updated | 2024-10-05 |
| Numista | N#28502 |
|---|---|
| Rarity index | 91% |
Reverse
Tree flanked with value, with legend around and date and initials at bottom.
Script: Latin
Lettering:
LIBRE CREZCA FECUNDO
1 • R •
T • 1851 • G
Translation:
Free grows fertile
1 Real
1851 TG
Interesting fact
The 1 Real coin from Honduras, issued between 1851 and 1852, has an interesting feature. Despite being made of Billon, which is an alloy of copper and silver, the coin contains only 0.100 silver. This means that the coin's value was not based on its silver content, but rather on its face value, which was set by the government. This is an example of a "fiat currency" system, where the value of the currency is determined by the government's decree, rather than by the value of the metal it's made of. This system is still used today in many countries, including the United States.
