Ecuador 1997 1000 sucres
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The decade of the 1980's was rough for Ecuador. Inflation and crushing foreign debt obligations obliterated the value of the sucre, Ecuador's unit of currency since the 1880's. In 1999-2000, the sucre was dropped altogether and the United States dollar adopted. The portrait is of Eugenio Espejo.
Recorded mintage: unknown but not rare.
Specification: 7.19 g, bimetallic; aluminum bronze core, copper-nickel outer ring, 23.9 mm diameter.
Catalog reference: KM 103.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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