Chile 1947 100 pesos
The specimen shown is an example of a type first struck in Santiago, Chile, in 1926. It was issued steadily 1932-80 with no pretense of it being a circulating coin, especially after the peso had been dropped in favor of the escudo in 1960. It was and is a bullion coin, along with a similar gold 20 pesos (KM 168) and 50 pesos (KM 169). The type is common but the recent bold rise in the price of gold has made this coin expensive. This specimen was lot 2801 in Goldberg sale 59 (Beverly Hills, June 2010), where it sold for $776.25. The catalog description noted, "Chile. 100 Pesos, 1947-So. Liberty head with coiled hair left. NGC graded MS-63. The Ports of Call Collection."
Recorded mintage: 540,000.
Specification: 20.34 g, .900 fine gold, .589 troy oz AGW.
Catalog reference: KM 175, Fr-54.
- Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.