Chile 1962 centesimo

from the Mountain Groan Collection

The specimen shown is an example of a type struck in Santiago, Chile, in 1960-63. In 1960, the peso was dropped in favor of the escudo, with 1 escudo = 1000 pesos. This coin replaced the aluminum ten pesos of the late fifties. The escudo itself was abandoned in 1975 for a return to the peso, with one new peso = 100 escudos.

Recorded mintage: 26,320,000.

Specification: aluminum, plain edge.

Catalog reference: KM 189.

Source:

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

Link to:

• 1961 centesimo
• 1962 ½ centésimo
• 1962 100 pesos
• 1963 centésimo
• 1966 10 centesimos
• Coins and currency dated 1962
• return to Chile