Argentina 1962 peso

from the Mountain Groan Collection

This specimen is one of a type struck 1957-59 for Argentina at the Buenos Aires mint. All dates are common. This issue is, in fact, the final type of peso; 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: 30,006,000.

Specification: 6.41 g, nickel plated steel, 25.5 mm diameter.

Catalog reference: KM 57.

Source:

• Cunietti-Ferrando, Arnaldo José, Monedas de la República Argentina, Asociación Numismática Argentina, Buenos Aires, 1965.
• Janson, Hector Carlos, La Moneda Circulante En El Territorio Argentino, 1574-2015, Buenos Aires, 2015.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• 1961 peso
• 1962 5 pesos
• 1966 10 pesos, gaucho
• 1966 10 pesos, sesquicentennial of independence
• Coins and currency dated 1962