Catalog
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| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1937 |
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| Composition | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | The Bolivian national coat of arms occupies the central field, enclosed within a beaded inner circle. The arms depict a mountainous landscape with a radiant sun rising above the peaks, a llama standing at left, a breadfruit tree at right, and a small building with a chimney in the middle distance. A wreath of nine five-pointed stars arcs along the lower periphery, flanked by two additional stars at either side. The circular legend REPUBLICA DE BOLIVIA runs along the upper arc between the beaded border and the coin's milled rim. |
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| Edge | Smooth |
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| Additional information |
Bolivia's 1937 coinage was struck under the government of Germán Busch, who had risen to power through the military following the catastrophic Chaco War — a conflict that drained the national treasury and left Bolivia without its only viable oil-producing territory. The Banco Central had been established just a decade earlier, in 1928, partly to stabilize a currency repeatedly destabilized by tin price volatility on world markets.
Copper-nickel replaced earlier silver-content issues as an explicit cost-cutting measure during this period of post-war austerity.