Owner Comments:
'Costa Rica - 1929 Bronze G.C.R. 10 Centimos - KM #170 - Mintage: 500,000
Minted by the Philadelphia Mint for circulation in Costa Rica.
Until1896, the monetary system of Costa Rica consisted of a mixture of foreign and domestic coinage which was a source of confusion and an impediment to commerce. On August 24, 1896, a monetary reform decree was issued which established a standard national coinage. The Colón (Spanish for Columbus) replaced the peso and was divided into 100 centimos. Weights and composition of the coinage was standardized , and standard denominations were established.
The designs of many of these coins contain the initials of the national banks:
G.C.R. -- Gobierno de Costa Rica (Government of Costa Rica), minted at the Philadelphia and San José mints.
B.I.C.R. -- Banco Internacional de Costa Rica, minted at the Philadelphia mint.
B.C.C.R. -- Banco Central de Costa Rica, minted at the Philadelphia mint.
B.N.C.R. -- Banco Nacional de Costa Rica, minted at the Royal Mint, London, and at the San José mint
Date acquired: 2/11/2014 (Already graded by NGC)
Rev.: 1/17/2019