From the moment of Puerto Rico was found in 1493, come 1899, as soon as the united state exchanged the Puerto Rican "peso" to the dollar, the coins of many countries circulated easily in the island. During the colonization of Puerto Rico, the money the was offered in Puerto Rico, was the of Spain. Beginning in the 17th century, the provincial currency (silver) minted in the Casa de Moneda de Madrid, in the denominations the 1 peso, 40 cents, 20 cents, 10 cents and 5 cents. These five denominations had actually a usual design, through the number of Alfonso XIII (1886 - 1931) boy by a side and also theother the shield that Spain, v the genuine crown between the 2 columnsof Hercules and the Puerto Rico inscription.

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Coins

5 Centavos de Peso

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Units: 600.000 coins were produced in its very first year the production, 1895 Puerto Rico PG V Material: silver- 835/1000Weight: 1,25grDiameter: 16,5mmEstimated value $100-$125

10 Centavos de Peso

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Units: 700,000 coins were minted in its an initial year the production, 1895 Puerto Rico PG V Material: silver 835/1000Weight: 2,5grDiameter: 18,5mmEstimated worth $100-150

20 Centavos de Peso

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Units: 3.350.006 coins were minted in its first year that production, 1895 Puerto Rico PG V material Silver 835/1000Weight: 5grDiameter: 23,5mm

40 Centavos de Peso

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Units: 752.002 coins were minted in its an initial year of production, 1895 Puerto Rico PG V Material: silver- 835/1000Weight: 10gr Diameter: 31mmEstimated value $300-400 1 Peso
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Units: 8.500.021 coins were minted in its first year that production, 1895 Puerto Rico PG V Material: silver- 900/1000Weight: 25 grDiameter: 37,5mm


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Spanish and American currencies that 1898

Interesting Fact:

The among Spain it was worth 5 pesetas and the American 1 dollar. Native 1895-96 the Puerto Rican provincial peso was in circulation,but at the start of the 20th century one interchange took place, paying 60 cents of a dollar, which created a serious difficulty to investors, banks and the economic climate in general. The Puerto Rican currency had much more value, in silver, the the one indigenous the USA, however this one was endorsed in gold and the Puerto Rican only by its very own weight in silver. In the finish the Puerto Rican peso was fused to do the dissension of 1902.


Notes/Bills

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The Puerto Rican 5 pesos, collection D, that the SpanishBank of Puerto Rico. The bank was established on 1888, of personal capital and also ithad license from the Spanish government to problem notes during 25 years(1888-1913). ~ the Spanish-American war the financial institution was renamed bank of Puerto Rico. The front mirrors the head of Queen Maria Cristina.

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The Puerto Rican bilingual keep in mind of 200 pesos or dollars. This note was authorize by the financial institution of Puerto Rico (Bank that Porto Rico) just a short time after the cession that the Island. The treaty of Paris forced the United states to respect all licenses or reliable concessions, factor why the financial institution of Puerto Rico, old Spanish bank of Puerto Rico, continued this operationuntil that is liquidation in 1913. In the beginning, the bank of PuertoRico reprinted Spanish bills v red ink v the phrase"American currency". The reprinted Spanish bills were those thathad the Paschal Lamb, rather of Queen Maria Cristina.

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Interesting FactAfter one hundred years of use of the unified States monetary system, Puerto Ricans still describe the dollar, as the "peso"; to "quarter" (25 cents), as "peseta"; to "nickel" (5 cents), together "vellon" or "ficha" and to the cent, together "chavo" or "perrita".