Ecuador 1962 20 centavos

from the Mountain Groan Collection

After a period of striking reales, pesos and escudos which must be regarded as failure, Ecuador ceased minting coins in 1862. In 1884, the government tried again, this time with coinage produced on contract by the Heaton mint in Birmingham, England. A new currency conforming to the Latin Monetary Union was introduced, the sucre, with its division the centavo. By 1959, successive devaluations had reduced the sucre from 25 grams of silver to copper-nickel. This twenty centavos, a product of the Altona mint in Germany, was struck 1959-72 and is common.

Recorded mintage: 14,400,000.

Specification: nickel plated steel, 21 mm diameter, plain edge.

Catalog reference: KM 77.1c.

Source:

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

Link to:

• 1959 20 centavos
• 1966 20 centavos
• Coins and currency dated 1962
• return to Ecuador