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1 Colón Counterstamped Coinage
| Issuer | Costa Rica |
|---|---|
| Year | 1923 |
| Type | Log in to see details |
| Value | 1 Colón (1 CRC) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | 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 | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | UN COLON REPUBLICA DE COSTA RICA 1880 (Translation: One Colon Republic of Costa Rica) |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
In 1923, Costa Rica faced an acute shortage of domestic coinage and an equally acute shortage of silver blanks to remedy it. The solution was pragmatic to the point of bluntness: existing foreign silver coins — primarily Colombian and Venezuelan pieces already circulating in the country — were counterstamped with the new denomination and put back into use. The legal basis was a decree authorizing the Banco Internacional de Costa Rica to validate these foreign pieces as national currency at face value.
KM#163 encompasses several host coin types, and attribution requires identifying the underlying piece before the counterstamp.