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
Gold standard to Congress the value of a decimal system. This system would also apply to monies in the United States. The question was what type of standard: gold, silver or both. The United States adopted a silver standard based on the Spanish milled dollar in 1785. From 1860 to 1871 various attempts to resurrect bi-metallic standards were made, including one based on the gold and silver franc; however, with the rapid influx of silver from new deposits, the expectation of scarce silver ended. The interaction between central banking and currency basis formed the primary source of monetary instability during this period.