Currency of Colombia exchange. The notes were never issued (proofs are known). Copper coin dated 1847–1848 The copper coins were rejected by the public, who immediately exchanged them for silver, so they were recalled and melted down. Silver coin dated 1847–1853 .666 fine .900 fine Gold coin .900 fine dated 1848–1853 New machinery for the mints of Bogotá and Popoyán arrived in 1848 and the first gold coins conforming to the 1846 law were put into circulation on 14 February 1849. Peso (Granadino) = 10 Décimos = 100 Centavos (silver) Cóndor = 10 Pesos (gold) The monetary law of 30 May 1853 abolished
Currency money Currency money Currency money is money in full circulation that takes its value from the precious metal it contains, that is, its market value is (almost) the value of the metal it contains (apart from the Seigniorage or the minters' profit), though this is always overcompensated for in coins and banknotes from a country undergoing debasement. Currency money is usually made of silver or gold, but in very rare cases plated metal and even copper may be used. Currency money is commodity money, as opposed to coins whose metal value is less than their nominal value, paper money, and deposit