Peru 1886-Cuz JM dinero

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from the Acanthite collection
from the Acanthite collection
CNG Lissner sale, lot 2091

This one dinero, was struck 1886 in Cuzco, Peru, and is uncommon. The first specimen has a slight clip. This coin, a half dinero dated 1885 and a quinto del sol from Arequipa are the only branch mint issues of the decimal period. A earlier type, with a slightly different figure of seated Liberty, was issued 1863-64 (KM 189). The silver coin was replaced in 1918 by a copper-nickel five centavos. The second specimen was lot 2091 in Classical Numismatic Group's auction of the Robert Lissner collection (Chicago, August 2014), where it sold for $205.70. The catalog description[1] noted, "PERU, Republic. 1821-present. AR Dinero. Cuzco mint. Dated 1886 JM. In NGC encapsulation graded AU 55. Choice faintly toned AU. A rare coin in any grade. Well struck for this Cuzco issue."

Recorded mintage: unknown.

Specification: 2.5 g, .900 fine silver, 0.0723 ASW, the second specimen is Ø18 mm, 2.51 g, 6h axis.

Catalog reference: KM 190a.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Teller, M. Louis, and Victor England, Jr., The Richard Lissner Collection, Lancaster, PA: Classical Numismatic Group, 2014.

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