 |
| Chilean Coin |
 |
| Coins of Chile - UN DECIMO |
Obverse: Eagle, holding oval shield in right claw, broken chains in beak and right claw.
Legend: . POR LA RAZON Y LA FUERZA * 1881 *
Reverse: Denomination (UN DECIMO) within wreath.
Legend: REPUBLICA DE CHILE . So (Santiago Mint)
Mint Place: Santiago
Reference: KM-136.3.
Diameter: 18 mm
Weight: 2.5 gram of Silver
In Chile, a nominal bimetallism, which before 1873 over valued gold. As a result this led to a suspension of specie payments in 1878. In the 1890’s it attempted to adopt the gold standard. The subsidiary coinage was reduced in 1879 from the 15.5 to 1 ratio to 0.500 fineness to make the coinage safe from the melting pot. The year 1880 un decimo was struck in both standards; a mintage of 242,723 in .900 fine and a larger mintage of 704,848 marked 0.5 for .500 fineness.