Dominican Republic Silver 1939 Peso Mintage-15,000 NGC AU53 SCARCE KM# 22 (014)

Dominican Republic 

Silver 1939 Peso 

Low Mintage-15,000. 38mm

GRADED  NGC AU53

 SCARCE

 KM# 22

Obverse: Coat of Arms

Lettering: DIOS PATRIA LIBERTAD REPUBLICA DOMINICANA
Translation: God Fatherland Liberty Dominican Republic
Engraver: Casimiro Nemesio de Moya

Reverse: Denomination, weight, year of issue, head of Indian woman ("Liberty") facing left

Lettering: UN PESO 26.7 GRAMOS
Translation: One peso 26.7 grams (weight)
Engraver: Thomas Humphrey Paget

Thomas Humphrey Paget OBE was an English medal and coin designer and modeller. Paget's designs are indicated by the initials 'HP'. Paget was first approached by the Royal Mint in 1936 after the accession of King Edward VIII. Paget's recommendation had come via his earlier design for the obverse of a medal featuring the then-Prince of Wales.
Edge: Reeded

In 1937-1947 there were no banknotes nominated in Dominican pesos. US dollars were in circulation (since 1905), and local coins were circulating at par with US coins like in Panama and Ecuador in our days. The coins had weights, diameters, and composition identical to those of US coins of that period.

Silver coins of the Dominican Republic were not officially demonetized, but they disappeared from circulation already in the 1970s because of inflation.

 Please check out my other listings and we will be happy to combine in one package !

YOU WILL RECEIVED THE SAME COIN AS PICTURED.

ALL COINS ARE AUTHENTIC AS DESCRIBED.