Currency of Colombia which time most gold coin had been exported. Silver coin dated 1853–1858 .666 fine .900 fine Gold coin .900 fine dated 1853–1857 Peso = 10 Décimos = 100 Centavos A law of 30 June 1857, and decree of 23 July 1857, adopted the silver peso - 25.000 g, .900 fine (identical to the "granadino" in weight, type, and form) - as the monetary unit. Sub-multiples were the dos décimos (5.000 g) and décimo (2.500 g), both .900 fine, and the cuarto de décimo, .666 fine. Gold coins would be the peso, escudo, doblón, cóndor, and doble cóndor (onza). This was
Cross of Gold speech caused by the Napoleonic Wars caused United States gold coins to be worth more as bullion than as money, and they vanished from circulation. Governmental response to this shortage was hampered by the fact that officials did not clearly understand what had happened. In 1830, Treasury Secretary Samuel D. Ingham proposed adjusting the ratio between gold and silver in US currency to 15.8:1, which had for some time been the ratio in Europe. It was not until 1834 that Congress acted, changing the gold/silver ratio to 16.002:1. This was close enough to the market value to make it uneconomic to