Ecuador's sucre coinage of the early 1970s was produced against a backdrop of the country's first significant oil boom, following the opening of the Trans-Ecuadorian pipeline in 1972. Petroleum revenues briefly stabilized government finances after decades of monetary turbulence tied to cacao and banana export cycles.
KM#84 was struck at the Birmingham Mint in the UK, one of several foreign facilities Ecuador relied on throughout the twentieth century due to the absence of a domestic mint.
Ecuador's sucre coinage of the early 1970s was produced against a backdrop of the country's first significant oil boom, following the opening of the Trans-Ecuadorian pipeline in 1972. Petroleum revenues briefly stabilized government finances after decades of monetary turbulence tied to cacao and banana export cycles.
KM#84 was struck at the Birmingham Mint in the UK, one of several foreign facilities Ecuador relied on throughout the twentieth century due to the absence of a domestic mint.