Honduras 1935 lempira

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Stack's Bowers September 2024 Collector's Choice sale, lot 73471
SB924-73471r.jpg

This specimen was lot 73471 in Stack's Bowers Collectors Choice sale (Costa Mesa, CA, September 2024), where it sold for $145. The catalog description[1] noted, "HONDURAS. Lempira, 1935. NGC MS-63. A lovely Choice example with a satin like luster and sharp details." In 1931, the government of Honduras reformed the currency. The peso was dropped and the lempira adopted, with the exchange rate fixed at US$1 = 2 lempiras. A new series of coins were issued, a silver lempira (shown here), fifty centavos, twenty centavos and copper-nickel five and ten centavos. Bronze one and two centavos were added later. The new coins marked the first new issues since the early 1920's; all were minted outside the country and the old mint in Tegucigalpa closed for good.

Recorded mintage: 1,000,000.

Specification: 12.50 g, 0.900 fine silver, 30.8 m diameter.

Catalog reference: KM-75.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Robinson, Charles, The Coins of Central America, 1733-1965, San Benito, TX: 1965.
  • Stickney, Brian, A Monetary History of Central America, New York: American Numismatic Society, 2017.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, September 2024 World Collectors Choice Online Auction, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2024.

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