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1 Quetzal Historical Coins

Issuer Guatemala
Year 2010
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Value 1 Quetzal
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Obverse description Central device features the Guatemalan national coat of arms, depicting a resplendent quetzal bird perched upon a scroll inscribed with the independence date, flanked by crossed rifles and swords with laurel branches. Surrounding the central arms in a circular arrangement are the national coats of arms of Argentina, Cuba, Spain, Guatemala, Mexico, Nicaragua, Paraguay, Peru, and Portugal, representing the Ibero-American community of nations. The outer legend along the upper rim reads REPUBLICA DE GUATEMALA and LIBERTAD 15 DE SETIEMBRE DE 1821, with the commemorative date 2010 appearing in the lower field.
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Obverse lettering REPUBLICA DE GUATEMALA LIBERTAD 15 DE SETIEMBRE DE 1821 2010
(Translation: Republic of Guatemala Liberty 15th of September 1821)
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Additional information

The quetzal was introduced as Guatemala's currency unit in 1925, replacing the peso at par as part of a monetary reform pushed through by President José María Orellana — whose portrait the coin's namesake denomination carried for decades. The reform pegged the quetzal to the US dollar at 1:1, a rate that held with remarkable stability for over sixty years before collapsing under the economic pressures of the 1980s civil conflict.

KM#291 is a commemorative restrike rather than a circulation issue, produced for the collector market with no meaningful role in daily commerce.

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