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1 Centavo
| Issuer | Republic of Colombia |
|---|---|
| Year | 1967-1978 |
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| Composition | Log in to see details |
| Weight | 2.0 g |
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| Obverse description | The Colombian national coat of arms occupies the central field, depicting a condor with outstretched wings perched atop a Phrygian cap above an oval shield; the shield is divided into three sections featuring a pomegranate, a cornucopia, and the Isthmus of Panama flanked by two sailing ships. The arms are encircled by a wreath of laurel and oak branches tied at the base. The circular legend REPUBLICA DE COLOMBIA arcs around the upper periphery, with the word LIBERTAD inscribed on a ribbon across the center of the shield, and the date appears in the exergue below the wreath. A fine beaded border runs along the coin's rim. |
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| Obverse lettering | REPUBLICA DE COLOMBIA LIBERTAD 1967 (Translation: Republic of Colombia Liberty) |
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| Additional information |
Colombia's switch to copper-plated steel for this denomination was driven by a straightforward economic calculation: rising copper prices in the mid-1960s made an all-copper centavo coin more expensive to produce than its face value. The transition mirrored decisions made by dozens of countries during the same period as global copper markets tightened following post-war industrial demand. By 1978, the centavo itself had been effectively overtaken by inflation, rendering the denomination functionally worthless in daily commerce before it was formally phased out.