The 1960 date places this coin squarely within Colombia's sesquicentennial commemorations of independence from Spain, declared in 1810. The shift to copper-nickel for this series reflected broader Latin American monetary policy of the period, as rising silver prices through the late 1950s made silver coinage economically unworkable for low-denomination circulation. Colombia had already abandoned silver in its fractional coinage years earlier, and by 1960 the copper-nickel alloy was firmly standard across the centavo denominations.
Mintage for the 1960 issue was substantial, struck at the Sherritt Mint in Canada under contract.
The 1960 date places this coin squarely within Colombia's sesquicentennial commemorations of independence from Spain, declared in 1810. The shift to copper-nickel for this series reflected broader Latin American monetary policy of the period, as rising silver prices through the late 1950s made silver coinage economically unworkable for low-denomination circulation. Colombia had already abandoned silver in its fractional coinage years earlier, and by 1960 the copper-nickel alloy was firmly standard across the centavo denominations.
Mintage for the 1960 issue was substantial, struck at the Sherritt Mint in Canada under contract.