Catalog
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| Issuer | Argentina |
|---|---|
| Year | 1985-1986 |
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| Value | Log in to see details |
| Currency | Austral (1985-1991) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA ARGENTINA (Translation: Republic of Argentina) |
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| Reverse script | Latin |
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| Additional information |
Argentina's mid-1980s centavo issues emerged from one of the most severe monetary collapses in the country's history. The austral replaced the peso argentino in June 1985 at a rate of 1,000 to one — this coin belongs to that transitional coinage, struck under the Austral Plan as the Alfonsín government attempted to brake inflation that had exceeded 600% annually.
The stabilization failed within two years. By 1989, monthly inflation had reached 3,000%, rendering these coins economically worthless almost immediately after issue.