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1884 Argentina 2 Pesos Oro

Argentina

1884

Reference data compiled from public catalogs

Estimated Melt Value

$894.14

Based on Gold spot price ($4,790.835/oz) · 90.0% purity · 6.45g

Updated 10:08 PM

Collector premium not included

Specifications

CountryArgentina
Years Minted1884
Composition0.900 gold
Weight6.45 g
Diameter21 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the Sun of May, the national symbol of Argentina, surrounded by the legend 'REPUBLICA ARGENTINA'.

Reverse

Displays the denomination '2 PESOS' along with the year '1884' and possibly additional inscriptions.

History & Notable Facts

The 1884 2 Pesos Oro was minted during Argentina's push to adopt the gold standard, marking a shift from silver-based currency in international trade.

Weighing about 6.45 grams of .900 fine gold, it was struck at the Buenos Aires mint to ease transactions with Europe and the US. The obverse shows the Argentine sun symbol, a nod to the national flag, while the reverse features the denomination and date. Records suggest these coins circulated widely, but exact export figures remain murky—likely lost in bureaucratic shuffles of the era.

Its design echoes earlier Spanish colonial coins, recycled from melted reales in some cases, though not for this specific issue. As for myths, I've heard tales of hidden treasures in Patagonia, but that's just collectors' fancy. The coin's edge is reeded to deter clipping, a practical touch that kept its value intact.

Demand for these waned after economic crises in the 1890s.

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