Ecuador 1934 sucre
After a period of striking reales, pesos and escudos which must be regarded as a 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 1928 successive devaluations had reduced the sucre from 25 grams of silver to five. This one sucre was minted in Philadelphia in 1928, 1930 and 1934. The type is not common but reasonably available in circulated condition. The 1928 issue included one, 2½, five, ten and fifty centavos and one and two sucres.
Recorded mintage: 2,000,000.
Specification: 5 g, .720 fine silver, .117 troy oz ASW.
Catalog reference: KM 72.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.