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1 Peso

Issuer Puerto Rico
Year 1895
Type Standard circulation coin
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Obverse script Latin
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Reverse description Central device features the crowned Spanish Royal coat of arms, quartered with the castles of Castile and the lions of León, with the dynastic oval escutcheon of the House of Bourbon at the centre bearing a fleur-de-lis. The shield is flanked by the Pillars of Hercules, each wrapped with a ribbon bearing the motto 'PLUS' on the left and 'ULTRA' on the right. The mint officials' initials 'P.G.' and 'V.' appear in the lower field to either side. The upper legend reads 'ISLA DE PUERTO RICO' and the lower legend states the denomination '1 PESO = 5 P.TAS', all within a toothed border.
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Additional information

Puerto Rico's 1895 peso was struck in Madrid at the Casa de la Moneda under Spanish authority, issued just three years before the island passed to the United States following the Treaty of Paris. Spain had only granted Puerto Rico its Carta Autonómica — a degree of self-governance — in 1897, making this 1895 issue a product of a colonial administration already under significant political pressure from both local autonomists and an increasingly assertive United States.

The series ran only from 1895 to 1896, and total mintages were modest. Within a few years of American occupation, these pesos were demonetized and withdrawn, which paradoxically aided long-term survival rates in higher grades.

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