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5 Colones

Issuer El Salvador
Year 1997
Type Non-circulating coin
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Obverse lettering REPUBLICA DE EL SALVADOR 1997
(Translation: Republic of El Salvador)
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Edge Segmented
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Additional information

El Salvador's bimetallic coinage of the 1990s preceded the country's dollarization by just a few years — in 2001, the Monetary Integration Law fixed the colón permanently at 8.75 to the dollar and effectively ended the colón as a circulating currency. Coins like this 1997 issue were rendered obsolete almost immediately, which is why they turn up in uncirculated condition with notable frequency.