Argentina 1978 20 pesos

from the Mountain Groan Collection

This specimen promotes Argentinian participation in the World Cup of soccer, which Argentina hosted and eventually won. This type was issued 1977-78 during Argentina's second currency reform. Argentina was to suffer from bouts of hyperinflation for forty years, impoverishing a once prosperous region. In 1970, 100 old pesos = 1 new peso; in 1983, 10000 pesos = 1 peso argentino; in 1985, 1000 pesos argentinos = 1 austral. Another reform would occur again in 1992. The regime doubtless hoped that soccer fever would distract the populace from the government's oppression and incompetence.

Recorded mintage: 2,000,000.

Specification: 5 g, aluminum bronze, 20 mm diameter, plain edge.

Catalog reference: KM 75.

Source:

• Janson, Hector Carlos, La Moneda Circulante En El Territorio Argentino, 1767-1998, Buenos Aires, 1998.
• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• Argentina 1975 peso KM-Pn64 pattern
• 1976 peso
• 1976 5 pesos
• 1978 50 pesos, World Cup
• 1978 100 pesos, World Cup
• 1981 100 pesos
• Coins and currency dated 1978
• return to Argentina