The Argentina 5 Pesos gold coin, minted between 1881 and 1896, is a distinguished piece of numismatic history. This exquisite coin features the iconic Liberty bust wearing a Phrygian cap on its obverse, symbolizing unity and freedom. The reverse showcases the Argentine national coat of arms, with two hands joined inside a wreath, surrounded by the inscriptions “REPUBLICA ARGENTINA” and the year of issue.
Struck in 90% pure gold, this coin weighs 8.0645 grams and contains 0.2334 troy ounces of gold, making it a valuable addition to any collection. The Argentina 5 Pesos gold coin holds significant historical importance, representing a period of economic prosperity and national pride in Argentina’s history. Its rarity and limited surviving issues enhance its appeal to collectors and investors alike.
Around the early 1900’s, the phrase “rich as an Argentine” was used popularly to describe an individual of substantial wealth. In 1914, only Great Britain was more urbanized, and by 1929 only Great Britain had more cars per capita. Argentina was considered to be one of the ten wealthiest nations in the world in terms of per capita income.
Not more than 20 years later, a series of poorly executed policies begun primarily under the administration of Juan Peron — the nationalization of industries, expansion of state services and substantial overseas borrowing, as well as a period of bad leadership — began to undermine the economic prosperity of the country.
Unable to finance its spending, the government opted to inflate its way out of debt. This caused an astronomical wage and price inflation factor of 2.1 billion times original prices between 1976 and 1991. To give an example, a single one of the Argentina 5 Pesos gold coins pictured above now holds a modern purchasing-power equivalent to beyond 500 trillion the original, five peso coin denomination. Once an example of prosperity, Argentina’s currency failure set the stage for one of the most dramatic economic breakdowns of the late 20th and early 21st centuries.
Ideal for both numismatists and investors, the Argentina 5 Pesos gold coin offers a unique blend of historical significance, exquisite craftsmanship, and intrinsic gold value. Add this remarkable piece of Argentine history to your collection today and own a tangible connection to the nation’s storied past.
Mintage | |
---|---|
Year | Mintage |
1881 | 37,152 |
1882 | 252,092 |
1883 | 906,042 |
1884 | 447,900 |
1885 | 203,908 |
1886 | 397,734 |
1887 | 1,834,674 |
1888 | 1,663,265 |
1889 | 403,712 |
1896 | 196,543 |
Total Mintage | 6,343,022 |
AU, UNC
1881 – 1896
.2334 troy ounce
Argentina
$690.14
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