1944 Ecuador 5-sucres

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villa66
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1944 Ecuador 5-sucres

Beitrag von villa66 » Di 01.09.15 08:03

Ecuador’s 1944 5-sucres piece, struck in .720 silver with a diameter of 37.5mm, and weighing 25.00g. (Its weight, silver fineness, and mint—Mexico City—are all on display on the coin’s reverse.)

Ecuadorean silver coinage had seemed to end with the 1934 1-sucre, but because of the accelerating wartime economy, the silver 2-sucre (last coined in 1930) was revived in 1944, and this big 5-sucres—the denomination’s first appearance in coin form—had been introduced the year before, in 1943. This 1944 example of the 5-sucres belongs to its second, and final, production year.

The large size of this 5-sucres coin makes it somewhat easier to deconstruct the Bolivian coat-of-arms. One feature not usually noticed on the smaller coins is that the small sun above the ship is flanked by the zodiac signs representing Aries, Taurus, Gemini, and Cancer. (They signify what for Bolivians are the historically important months of March, April, May, and June.)

The steamboat is an actual ship, the Guayas, which entered service in 1841. Interestingly, though, the ship’s appearance is not always the same on Ecuador’s coinage. Sometimes it looks quite different.

Exactly how long these coins lasted in circulation I don’t know. (Certainly this particular example has seen some use.) According to Harris’ 1966 A Guide Book of Modern Latin American Coins, large numbers of 1943 and 1944 5-sucres like this one were destroyed when “early in 1965 the Spiral Metal Co. of South Amboy, New Jersey, U.S.A. refined 55 tons of Ecuadorean silver coin.”

Looking at the current catalog prices of the 1943-44 5-sucres coins, the later spikes in silver prices don’t seem to have made the following observation by Mr. Harris in 1966 any less valid: “Despite the large numbers melted this coin is still quite common, and the value of those remaining has not been affected by those lost through melting.”

:) v.
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