Melt Value: $3.81 (8/29/2014)
Obverse: Bust of Charles IV right
Obverse Legend: FERDND 7 D G ET CONST
Obverse Inscription: HISPANIAR REX P ...
Reverse: Crowned arms between columns
The P mint mark on this coin has been traditionally attributed to Popayan, but recently recognized information supports the belief this P may stand for Pasto, making this the first coin of Ecuador. In 1820, Pasto was simply a city in the newly-organized Gran Colombia or United Provinces of Nueva Gra