Chile 1960 100 pesos

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Heritage sale 3073, lot 32588
photo courtesy Heritage Auction Galleries

This specimen was lot 32588 in Heritage sale 3073 (Chicago, April 2019), where it sold for $780. The catalog description[1] noted, "Republic gold 100 Pesos 1960-So 1960 MS63 Prooflike NGC, Santiago mint." 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 twenty pesos (KM 168) and fifty pesos (KM 169). The type is common but the recent bold rise in the price of gold has made this coin expensive.

Recorded mintage: 200,000.

Specifications: 20.34 g, .900 fine gold, .588 troy oz AGW.

Catalog reference: Fr-34, KM 175.

Sources:

  • 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.
  • [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3073, Dallas, TX: Heritage Auction Galleries, 2019.

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