Currency of Colombia peso was made .900 fine. The peso de oro was set at 1.612 g .900 fine (equal to the décimo de cóndor of 1867 and the peso of 1857). Copper was made legal tender to 50 centavos per transaction, altered in 1872 to 50 centavos for every 50 pesos in gold or silver (equivalent to 1% per transaction). A law of May 5, 1872 divided the peso de oro into 100 centavos. The fall in the world price of silver from 1872 on broke the 15.5 ratio. Gold coin was undervalued in Colombia and tended to disappear from circulation. Currency
Euro gold and silver commemorative coins unique piece in the Austrian collection is the Vienna Philharmonic coin. This coin is struck in pure gold, 999.9 fine (24 carats). It is issued every year, in four different face values, sizes and weights. It is used as an investment product (bullion coin), although it finishes almost always in hands of collectors. According to the World gold Council, it was the best selling gold coin in 1992, 1995 and 1996 worldwide. Since 1 February 2008, this coin is being minted in silver as well. Both sides of the coin feature the same as on the Vienna Philharmonic pure gold