Argentina 1961 peso

from the Mountain Groan Collection

This specimen features Oudiné's portrait of Liberty first used on the silver peso of 1881-83. This issue is, in fact, the final type of peso coin; coinage of the denomination was suspended in 1962 as inflation had rendered it useless. The coinage was reformed in 1970, 1983, 1985 and 1992. Argentina was to suffer from bouts of hyperinflation for the next forty years, impoverishing a once prosperous region.

Recorded mintage: 76,897,000.

Specification: nickel plated steel.

Catalog reference: KM 57.

Source:

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

Link to:

• 1959 peso
• 1966 10 pesos
• 2008 peso
• Coins and currency dated 1961
• return to Argentina