Modify currency: Subdivisions of Colón (1892-date), from El Salvador [solved]

8 posts • viewed 35 times

This message aims at: requesting the creation or the modification of a currency or denomination in the catalogue

Status: Done
Upvotes: 0
Downvotes: 0

» Quick access to the last post

Page: https://en.numista.com/catalogue/salvador-1.html#c_salvador11

Subdivisions: 1 Colón = 100 Centavos

 

This currency has subdivisions of 100 centavos, and denominations in centavos/colones. Coins with old denominations were also minted:

¼ Real (1/32) → 1 Colón = 8 Reales

1 Peso (1) → 1 Colón = 1 Peso

(they match with conversion rates https://en.wikipedia.org/wiki/Salvadoran_peso)

 

I think this conversions could be added to the subdivisions (at the end, because they are not “normal”):

 

1 Colón = 100 Centavos

1 Colón = 100 Centavos = 1 Peso = 8 Reales

Wanted & swap list (euro coins & world coins, exonumia and banknotes circulated) https://goo.gl/AQjfKp - I have euro & world CC coins for swap.

The problem is that the official name of the currency changed to colón in 1892 without that change being implemented on the coins or notes until 1920. For me, it makes more sense to start the colón when it actually appears on the money, with a note that “officially” the name had changed, rather than having a load of pesos listed under the name colón.

Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.

Yes, this is other solution: assign to  other currencies.

 

Now we have:

  • Real (1828-1889), with 2 coins of 1 Peso (pattern, 1861)
  • Peso (1877-1892)
  • Colón (1892-date), with 1 coin of ¼ Real (1909) and 5 coins of 1 Peso (1892-1914)

 

So we could move these:

  • 1 coin of ¼ Real (1909) from Colón to Real
  • 2 coins of 1 Peso (pattern, 1861) from Real to Peso
  • 5 coins of 1 Peso (1892-1914) from Colón to Peso

 

About dates of currencies we can keep the official dates (I agree more: there are other cases with coins issued some years before the official date of the new currency) or change:

  • Real (1828-1889) → (1828-1909)
  • Peso (1877-1892) → (1861-1914)
Wanted & swap list (euro coins & world coins, exonumia and banknotes circulated) https://goo.gl/AQjfKp - I have euro & world CC coins for swap.

There were notes denominated in pesos until 1919, so we need to take those into account if we change the dates. I wouldn't favour extending the dates for the real, only for the peso with, as suggested earlier, the addition of the subdivision of 8 reales.

Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.

ceh2019

There were notes denominated in pesos until 1919, so we need to take those into account if we change the dates. I wouldn't favour extending the dates for the real, only for the peso with, as suggested earlier, the addition of the subdivision of 8 reales.

Thus?

  • Real (1828-1889)
  • Peso (1877-1892) → (1861-1919)
    • move 1 coin of ¼ Real (1909) from Colón to Peso
    • move 2 coins of 1 Peso (pattern, 1861) from Real to Peso
    • move 5 coins of 1 Peso (1892-1914) from Colón to Peso
    • there were notes denominated in pesos until 1919
    • subdivisions already include real: 1 Peso = 8 Reales = 100 Centavos
  • Colón (1892-date)
Wanted & swap list (euro coins & world coins, exonumia and banknotes circulated) https://goo.gl/AQjfKp - I have euro & world CC coins for swap.

Yes, let's do that, then see how things look. I wonder if we might want to move all pre-1920 coins to the peso but we can consider that once these initial changes are made.

Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.

Ok. Do you submit the request?

Wanted & swap list (euro coins & world coins, exonumia and banknotes circulated) https://goo.gl/AQjfKp - I have euro & world CC coins for swap.
Status changed to Started (Compendium, 10 Jun 2024, 07:42)
Status changed to Done (Compendium, 10 Jun 2024, 07:50)

Done

» Forum policy

Used time zone is UTC+2:00.
Current time is 15:12.