Owner Comments:
There are two of these graded by NGC, and both very recently. Until just 2023, I had the only "graded" example and it was VF details cleaned. The other, higher example is MS-65. Then I got what I thought would be the first ever straight-graded example at NGC from the Rio de la Plata auction house in Argentina at the end of 2022. I got it back from NGC in about May, 2023, at MS-63. But I was surprised to learn that recently someone had submitted another one and it was MS-65. These are still the only two straight-graded examples at NGC or PCGS. I won this coin, the MS-65, in June, 2023 from Adam Biaggi on Ebay, "UFO Mechanix". He has been a source of a lot of great coins for this collection and also a few for the Thai coins collection.
These are not common even in messed-up condition. Mintage this year of 984,634.
At NGC this is the only one of these in any details grade. There are two in "graded" grades, both mint state at NGC. There are none certified in any condition at PCGS.
From 1896 to 1942 these were struck in the same style and composition. This year, 1916, is one of the few years with a mintage under 1,000,000, including 1899, 1908, 1914, 1931, 1936, and 1941
Copper-nickel
Years 1896-1942
Value 20 Centavos (0.20 ARM)
Currency Peso moneda nacional (1881-1969)
Composition Copper-nickel
Weight 4 g
Diameter 21 mm
Thickness 1.3 mm
Shape Round
Orientation Coin alignment ↑↓
Demonetized 01-01-1943
References KM# 36, CJ# 52-89, Schön# 39