Bolivia's centavo denominations were struck in copper clad steel from the mid-1990s onward as part of a broader monetary stabilization effort following the catastrophic hyperinflation of 1984–1985, when annual inflation peaked above 20,000 percent and the boliviano itself had to be redenominated. The Type 2 distinction on KM#213 refers to a modification in the lettering of the denomination — a minor die change that nonetheless creates a collectible variety within what is otherwise an entirely workaday circulation series. These pieces saw heavy everyday use throughout the lowland markets and highland altiplano towns, and survivors in unworn condition are harder to locate than their late date might suggest.
Bolivia's centavo denominations were struck in copper clad steel from the mid-1990s onward as part of a broader monetary stabilization effort following the catastrophic hyperinflation of 1984–1985, when annual inflation peaked above 20,000 percent and the boliviano itself had to be redenominated. The Type 2 distinction on KM#213 refers to a modification in the lettering of the denomination — a minor die change that nonetheless creates a collectible variety within what is otherwise an entirely workaday circulation series. These pieces saw heavy everyday use throughout the lowland markets and highland altiplano towns, and survivors in unworn condition are harder to locate than their late date might suggest.