ECUADOR bank commemorative medal 1970


ECUADOR, medal, 1970, Obverse: bust R, CARLOS JULIO AROSMENA FUNDADOR, Reverse: building, BANCO DE DESCUENTO 1970 50 AÑOS FUNDADO EN 1920. GUAYAQUIL, brass, 50mm, small cor spot, eb, XF

1 in stock

SKU: 1799958 Categories: ,


The Discount Bank of Guayaquil was founded in 1910 and is still in operation.

There are two kinds of things that are called “medals.” One is things that look like coins but don’t express a value. Sometimes those medals are considerably larger than most coins. The other kind of medal is a metal thing designed to be displayed on one’s chest often a reward for something often in a military context. If the medal is small enough it is sometimes called a “medallet.”

The word “exonumia” is used to describe all kinds of things that are “like” coins but are not coins. I wrote a blog post on that subject. Basic categories: 1. used like a coin but not issued by a national government 2. looks like a coin but not made for spending 3. other things that we are interested in.