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| Brazil to Dominican Republic |
| World Coin
Minors are the typical coins currently or formerly used as currency in some
country. These coins are distinguished from Crowns and Commemorative coins, which are
usually large coins, almost always in brilliant, uncirculated condition. Some of the
minors available for sale here are old and worn and some are brand new coins, many from exotic
world countries ranging from Brazil to Venezuela. Kids and adults alike will have a
great time looking at the interesting details on the coins and learning about the currency
of each country. This is a great way for kids to become more interested in
geography, as they look on an atlas to learn more about the country where the coin came
from. |
World Coin Minors |
| Brazil |
|
Currency in Brazil was fairly stable from 1942
until the middle 1960s. Then, Brazil started experiencing inflation at rates that
seem unbelievable to anyone who has not experienced the effects of hyperinflation
firsthand. From 1942 until 1967, the basic monetary unit was the Cruzeiro, with 100
Centavos making up one Cruzeiro. The 1967 monetary reform devalued the old currency 1000 times. This means that 1,000 of the old Cruzieros were only worth 1 of the new Cruzieros (Cruzeiro Novo)! The government also made new Centavos that were 1/100 of the new Cruzeiro. This currency lasted thru 1985. In 1986, Brazil devalued its money again, changing the name of the principal monetary unit from Cruzeiro Novo to Cruzado. The devaluation was, again, 1000 to 1, meaning that one Cruzado was worth the same as 1,000 Cruziero Novos (and 1,000,000 of the original Cruzieros!). Brazil still kept the Centavo, with 100 Centavos to the Cruzado. The coins for sale here are the 1, 5, 10, and 20 Centavo coins from this period. These coins are all in uncirculated or almost uncirculated condition. These coins were minted for less than three years -- before the next monetary devaluation! The scans at left were enlarged approximately 200% and contract enhanced to show the coin details. The actual coin sizes are 14 mm, 15 mm, 16 mm, and 18 mm respectively. All four coins are made from stainless steel. In case you were wondering, in 1989 Brazil had another monetary devaluation. So far we've seen the Cruziero, the Cruziero Novo, and the Cruzado. So what did they pick for the name of the new currency? You guessed it -- the Cruzado Novo! Similar to the other devaluations, the Cruzado Novo was worth 1,000 of the old Cruzados (and 1,000,000 or the Cruziero Novo, and 1,000,000,000 of the original Cruzeiros!!!). The Cruzado Novo didn't last for long. In 1990, there was ANOTHER devaluation, but this time only at 100 to 1. Under this currency, 100 Cruzado Novos were worth 1 Cruzeiro. Then in 1993, another devaluation occurred, making 1,000 Cruzeiros worth 1 Cruziero Real. Then in 1994, there was another devaluation, making 2,750 Cruziero Reals worth 1 Real. The good news is that at the time of this writing, the Real is still the Brazilian currency! Thus, one Real is worth 275,000,000,000,000,000 of the 1966 Cruzieros! The only optimistic thing you can say about Brazil's inflation during this time is: At least the inflation was worse in Yugoslavia! |
(Coins shown at approximately |
We offer two different coins
Dominican Republic. This set contains
two 25 Centavos coins made from
Nickel Clad Steel, and are all in almost uncirculated condition (showing
only a little discoloration from fingerprints over the years). None of these coins have been cleaned. The
scans at left have been enlarged 200 percent and contrast enhanced to show the coin
details. In
case it's not obvious, the difference between the two 25 Centavos coins is the outside
ring of dots that appears on both sides of one coin, but only on one side of the other
coin. The Dominican Republic occupies the eastern two-thirds of the island of Hispaniola. It has an area of 18,816 square miles, and a population of 7.8 million people. Columbus discovered the island of Hispaniola in 1492, and named it "La Isla Espanola" (the Spanish Island). Spain explored the new world using the city of Santo Domingo as their main base. The French settled the western third of the island, naming the colony "St. Dominique". After a slave revolt in 1804, this colony became the Republic of Haiti. In 1822, Haitians seized control of the entire island and remained in power, until 1844, when Juan Pablo Duarte drove the Haitians out of Santo Domingo and established the Dominican Republic. That's Juan Pablo Duarte on the 1 Peso coin (at left). After briefly going back to Spanish rule, the Dominican Republic has remained independent since 1866. |
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