Discussion in 'Coin Chat' started by Kimster, Dec 2, 2011.
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0.0514 Oz ASW
Inflation was eroding their currency, but the UN PESO always contained silver, so they tried to keep the tradition. Also, when first struck, they looked like nice silver, kind of like the Romans did when they debased their silver coins. It works for a while.
The same question could be asked why they had 40% silver in US halves from 1965-1970. They used it to brag not ALL our coins were without silver now.
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