Argentina 1987 5 centavos

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from the Mountain Groan Collection
Argentina 1987 5 centavos rev DSLR.jpg

This specimen features the cougar, once common on the Argentine pampa. This type was issued 1985-87 during Argentina's third 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 drab, charmless design of this coin suggests that its makers did not intend it for long service.

Recorded mintage: 56,181,000.

Specification: brass, plain edge.

Catalog reference: KM 97.2.

Source:

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

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