Merge Salvadorian Currencies [solved]

Hello,

Currently, the Salvadorian Real currencies are broken up by Ruling Authority. Now that the Ruling Authority system has been added, these currencies can be merged. Also, the start date needs to be amended due to this coin. This is how they are currently listed:

Real (1824-1851)
Real (Republic, 1852-1888)


They should now be merged into:
Real (1808-1888)

Thank you for your time,
Theodore

This is now done.

Thank you for your help! However, now there is a duplicate currency. The current listing is:

Real (1824-1851)
Real (1808-1888)

The first one needs to be deleted.

Thank you for your time,
Theodore

Hello

I wanted to fix this, but actually, I think there is an issue with the 1808 date.

As far as I can find, the Salvadoran Real was first issued in 1828. Before that, Salvador, as part of the Central American Federation, used the Spanish and the Central American Real. In 1808, El Salvador didn't quite exist politically.

These "coins" from 1808 were issued as proclamation medals on 1 real module, in San Salvador/Santa Ana, and due to the standard module, they saw some circulation. You can see this in auction houses too:

Daniel Frank Sedwick, LLC > Treasure Auction 19
Tauler & Fau > Auction 87
Stephen Album Rare Coins > Auction 38
Jesus Vico S.A. > Auction 159

I think stuff like this should actually be moved in exonumia.

But in any case, regardless of where these proclamation medals are, they were not issued as Salvadorean Reals, as this currency didn't exist until the 1828. And it seems that the first decimal coinage was minted in 1889, so I suppose the end year of the real should also be 1889?

Hello,

I have a few comments:

1. Regarding dates, we are in fact both wrong. According to Wikipedia, the Salvadoran Real was replaced by the Salvadorian Peso in 1877. However, there were no coins minted until 1889, after the Peso was decimalized. Therefore, the currencies should read:

Real (1808-1877)
Peso (1877-1889)
Peso, (decimalized, 1889-1919)
Colón (1919-2001)

2. You are correct that El Salvador didn’t exist politically in 1808. If we are being technically correct, then we would be calling this area New Spain in the catalog. However, that would require lumping coins from 8 different countries into one. Since that would be such an unpopular move, we have decided to list colonial issues under their modern-day equivalents. Since San Salvador and Santa Ana are in modern day El Salvador, then they should be listed there.

(I for one would prefer New Spain, the Viceroyalty of Peru, and the Viceroyalty of the Río de la Plata be listed separately in the catalog. However, since Krause lists them by their modern day equivalents, our hands are tied.)

3. Since San Salvador and Santa Ana were part of New Spain at the time, perhaps there should be a separate currency, “Real (1808)”

4. I believe that these coins, and Spanish proclamation coinage in general, belong in the coin catalog. Many currently are, from Guatemala to Mexico to Florida. However, I willing to change my opinion on this point.

Hello,

Fine with me if you want to use Wikipedia as a source, here is what it says:

(a) In 1877, banknotes denominated in pesos were introduced, with 8 reales = 1 peso. The real ceased to be used in 1889, when El Salvador decimalized.

(b) The peso replaced the Salvadoran and Central American Republic reales, at a rate of 8 reales = 1 peso. Banknotes were issued from 1877. The Salvadoran real continued to be used until 1889. In 1889, El Salvador decimalized, with the peso subdivided into 100 centavos, and began to issue coins.

Quote: "Some_Nerd"​​1. Regarding dates, we are in fact both wrong. According to Wikipedia, the Salvadoran Real was replaced by the Salvadorian Peso in 1877.

​Where does this year 1877 come from? Indeed peso banknotes were introduced from 1877, but the reales were not withdrawn until 1889, when they were replaced by the decimal peso coins. Between 1877-1889, Salvador had two currencies in parallel.

Wikipedia further says that the Salvadoran real was issued from 1828. For the 1808 proclamation coinage, I agree with new issuers if they stay in the coin catalogue.

Re. where the proclamation medals should be, coins or exonumia: wherever they are, it should be consistent. Some are in exonumia.

Edit, to clarify what I propose:
Real (1828-1889)
Peso (1877-1919)
Colón (1919-2001)

Quote: "stratocaster"​​​Between 1877-1889, Salvador had two currencies in parallel.

​Surely we just need the peso between 1877 and 1889, with a line to indicate it was subdivided into 8 reales? True, no real coins were issued during this time but the older coins continued to circulate.

Hello,

1. For now I can get behind:

Real (1828-1889)
Peso (1877-1919)
Colón (1919-2001)

2. We should have a dedicated thread on the fate of proclamation coinage. I feel they belong in the coin catalog, but other users and referees may feel differently.

3. While I support the creation of new colonial issurers and the merging of existing countries, it would be a very bad idea. This would be another Belgan Congo-Democratic Republic of the Congo-Ziare situation all over again.

Okay, thank you, should be done then. I agree with separate threads for the other topics, so I am closing this ticket.