Description: Item: i105641 Authentic Coin of: Dominican Republic 12th Central American and Caribbean Games 1974 Proof Silver 1 Peso 38mm (26.60 grams) 0.900 Silver (0.7726 oz. ASW) Reference: KM# 35 Certification: NGC PF 67 2863615-009 DIOS PATRIA LIBERTAD REPUBLICA DOMINICANA, National Coat-of-arms without memorial legend. XII JUEGOS DEPORTIVOS CENTROAMERICANOS Y DEL CARIBE 27 febrero .13 marzo SANTO DOMINGO 74 Ley 900 UN PESO 1974, Coat-of-arms within circle, on map. You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity. The 12th Central American and Caribbean Games were held in Santo Domingo, Dominican Republic from February 27 to March 13, 1974, and included 1,928 athletes from 23 nations competing in 18 sports. The Central Bank of the Dominican Republic (Spanish: Banco Central de la República Dominicana, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system. The Bank's headquarters is in Santo Domingo, and its current governor is Héctor Valdez Albizu. Organic Law no. 6142 of December 29, 1962, authorized the central bank to promote and maintain favorable monetary, foreign exchange and credit conditions for the stability and development of the national economy. The central bank's functions include regulating market liquidity levels by: determining deposit reserve requirements for banks; implementing lending limits when necessary; and issuing negotiable securities. Additional functions include controlling movements of the exchange rate and introducing resolutions pertaining to the financial system. The BCRD implements all changes to banking regulation proposed by the Monetary Board (Junta Monetaria) which is the highest body of authority within the institution. The Board consists of ten members, all of which are appointed by the executive. The governor of the central bank heads the Monetary Board while the Ministry of Finance and the Ministry of Industry and Commerce each have a seat on the Board. The BCRD Governor is appointed by the executive for a period of two years, though with Héctor Valdez Albizu there has been continuity at this senior post for several years despite political administration changes. Albizu was the BCRD governor from 1994 until 2000, again holding the post from August 2004. Since late 1993, BCRD has worked with the sponsorship of the Inter-American Development Bank to improve several areas of banking practice. The Dominican Republic is a country located in the island of Hispaniola, in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with the nation of Haiti, making Hispaniola one of two Caribbean islands, along with Saint Martin, that are shared by two sovereign states. The Dominican Republic is the second-largest Caribbean nation by area (after Cuba) at 48,671 square kilometers (18,792 sq mi), and third by population with approximately 10 million people, of which approximately three million live in the metropolitan area of Santo Domingo, the capital city. Christopher Columbus landed on the island on December 5, 1492, which the native Taíno people had inhabited since the 7th century. The colony of Santo Domingo became the site of the first permanent European settlement in the Americas, the oldest continuously inhabited city, and the first seat of the Spanish colonial rule in the New World. After more than three hundred years of Spanish rule the Dominican people declared independence in November 1821. The leader of the independence movement José Núñez de Cáceres, intended the Dominican nation to unite with the country of Gran Colombia, but no longer under Spain's custody the newly independent Dominicans were forcefully annexed by Haiti in February 1822. Independence came 22 years later after victory in the Dominican War of Independence in 1844. Over the next 72 years the Dominican Republic experienced mostly internal conflicts and a brief return to colonial status (but Spain had not come to take away its independence) before permanently ousting Spanish rule during the Dominican War of Restoration of 1863-1865.[20][21][22] A United States occupation lasted eight years between 1916 and 1924, and a subsequent calm and prosperous six-year period under Horacio Vásquez was followed by the dictatorship of Rafael Leónidas Trujillo until 1961. A civil war in 1965, the country's last, was ended by U.S. military occupation and was followed by the authoritarian rule of Joaquín Balaguer (1966-1978 & 1986-1996), the rules of Antonio Guzmán (1972-1978) & Salvador Jorge Blanco (1982-1986). Since 1996, the Dominican Republic has moved toward representative democracy and has been led by Leonel Fernández for most of the time since 1996. Danilo Medina, the Dominican Republic's current president, succeeded Fernandez in 2012, winning 51% of the electoral vote over his opponent ex-president Hipólito Mejía. The Dominican Republic has the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region. Over the last two decades, the Dominican Republic has had one of the fastest-growing economies in the Americas - with an average real GDP growth rate of 5.4% between 1992 and 2014. GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere. In the first half of 2016 the Dominican economy grew 7.4% continuing its trend of rapid economic growth. Recent growth has been driven by construction, manufacturing, tourism, and mining. The country is the site of the second largest gold mine in the world, the Pueblo Viejo mine. Private consumption has been strong, as a result of low inflation (under 1% on average in 2015), job creation, as well as a high level of remittances. The Dominican Republic is the most visited destination in the Caribbean. The year-round golf courses are major attractions. A geographically diverse nation, the Dominican Republic is home to both the Caribbean's tallest mountain peak, Pico Duarte, and the Caribbean's largest lake and point of lowest elevation, Lake Enriquillo. The island has an average temperature of 26 °C (78.8 °F) and great climatic and biological diversity. The country is also the site of the first cathedral, castle, monastery, and fortress built in the Americas, located in Santo Domingo's Colonial Zone, a World Heritage Site. Music and sport are of great importance in the Dominican culture, with Merengue and Bachata as the national dance and music, and baseball as the favorite sport. Frequently Asked Questions Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.Who am I dealing with? You are dealing with Ilya Zlobin, ancient coin expert, enthusiast, author and dealer with an online store having a selection of over 15,000 items with great positive feedback from verified buyers and over 10 years experience dealing with over 57,000 ancient and world coins and artifacts. Ilya Zlobin is an independent individual who has a passion for coin collecting, research and understanding the importance of the historical context and significance all coins and objects represent. Most others are only concerned with selling you, Ilya Zlobin is most interested in educating you on the subject, and providing the largest selection, most professional presentation and service for the best long-term value for collectors worldwide creating returning patrons sharing in the passion of ancient and world coin collecting for a lifetime. How long until my order is shipped? Orders are shipped by the next business day (after receipt of payment) most of the time. How will I know when the order was shipped? After your order has shipped, you will be left positive feedback, and that date could be used as a basis of estimating an arrival date. Any tracking number would be found under your 'Purchase history' tab. 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Great care is taken in packaging and mailing every item securely and quickly. Please be aware, I cannot take responsibility for any postal service delivery delays, especially for international packages as it may happen in rare instances.What is a certificate of authenticity and what guarantees do you give that the item is authentic? Each of the items sold here, is provided with a Certificate of Authenticity, and a Lifetime Guarantee of Authenticity, issued by a world-renowned numismatic and antique expert that has identified over 57,000 ancient coins and has provided them with the same guarantee. You will be very happy with what you get with the COA; a professional presentation of the coin, with all of the relevant information and a picture of the coin you saw in the listing. Additionally, the coin is inside it's own protective coin flip (holder), with a 2x2 inch description of the coin matching the individual number on the COA. On the free-market such a presentation alone, can be considered a $25-$50 value all in itself, and it comes standard with your purchases from me, FREE. With every purchase, you are leveraging my many years of experience to get a more complete context and understanding of the piece of history you are getting. Whether your goal is to collect or give the item as a gift, coins presented like this could be more prized and valued higher than items that were not given such care and attention to.Buy a coin today and own a piece of history, guaranteed.Is there a money back guarantee? I offer a 30 day unconditional money back guarantee. I stand behind my coins and would be willing to exchange your order for either store credit towards other coins, or refund, minus shipping expenses, within 30 days from the receipt of your order. 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Price: 470.8 USD
Location: Rego Park, New York
End Time: 2024-01-06T22:40:18.000Z
Shipping Cost: 4.5 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Country/Region of Manufacture: Dominican Republic
Certification Number: 2863615-009
Certification: NGC
Grade: PF 67
Year: 1974
Circulated/Uncirculated: Uncirculated
Composition: Silver
Denomination: Peso