Colombia, 200 pesos, 2007

Today’s coin is:

Colombia, 200 pesos, 2007 (KM #287)

This coin has been minted by Colombia since 1994. The reverse of the coin depicts the Quimbaya spindlewheel. This coin bears edge lettering that reads “MOTIVO QUIMBAYA – 200 PESOS”. Edge lettering is far more common on high-value foreign coins than on American coins.

Colombia’s peso dates back to the 1830s, making it one of the oldest currencies still in use today, but with the high inflation experienced by the nation since the 1980s, the Colombian peso is considered an endangered currency likely to be revalued in the coming decades. This coin is a good example of Colombia’s inflationary toll; 200 pesos are worth 9.8 cents USD. This coin is worth less than a US dime.

Metal Copper-nickel-zinc
Weight 7.08 g
Diameter 24.4 mm
Thickness 1.7 mm
Mintage 85 million in 2007

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