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500 Colones Republic

Issuer Banco Central de Costa Rica
Year 2023
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Value 500 Colones
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Obverse lettering REPÚBLICA DE COSTA RICA BANCO CENTRAL DE COSTA RICA 500 COLONES 500 BCCR
(Translation: Republic of Costa Rica Central Bank of Costa Rica)
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Edge Reeded
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Additional information

Costa Rica's 500 colones bimetallic coin has been a workhorse of the circulating series since its introduction in the late 1990s, absorbing a denomination that inflation had rendered too inconvenient to handle in paper form. The Banco Central retired the corresponding banknote precisely because replacement costs for worn paper far exceeded the minting cost of a durable coin — a calculation repeated across Latin America during the same period.

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