Argentina 1959 5 centavos

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from the Mountain Groan Collection
Argentina 1959 5 centavos rev 600.jpg

This specimen features Oudiné's portrait of Liberty first used on the five centavos in 1896. This issue is, in fact, the final date of five centavos; coinage of the denomination was suspended as inflation had rendered it useless. Argentina was to suffer from bouts of hyperinflation for the next forty years, impoverishing a once prosperous region.

Recorded mintage: 14,971,000.

Specification: copper-nickel plated steel.

Catalog reference: KM 53.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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