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Colombia - 5 Colombian Pesos - P-386 - 1950 dated Foreign Paper Money

Inv# FM2419   Foreign Paper Money
Colombia - 5 Colombian Pesos - P-386 - 1950 dated Foreign Paper Money
Country: Colombia
Years: 1.1.1950

5 Pesos Oro, P-386. Scarce! So Nice! Colombia used Spanish colonial real until 1820 after independence from Spain was achieved. It was replaced by the Colombian real. In 1837, the Colombian real was replaced by the current peso at a rate of 1 peso = 8 reales and was initially subdivided into 8 reales. In 1847, Colombia decimalized the currency and the peso was subdivided into ten reales, each of 10 décimos de reales, later centavos. The real was renamed the décimo in 1853, although the last reales were struck in 1880. The current system of 100 centavos to the peso was first used in 1819 on early banknotes but did not reappear until the early 1860s on banknotes and was not used on the coinage until 1872. Read more at https://en.wikipedia.org/wiki/Colombian_peso

Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
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