Peru 1956 50 soles

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from the Stack's Bowers 2017 NYINC sale, lot 7075
photo courtesy Stack's Bowers LLC

This specimen was lot 7075 in Stack's Bowers NYINC sale (New York, January 2017), where it sold for $822.50. The catalog description[1] noted, "PERU. 50 Soles, 1956. NGC MS-65. Tied with two others at this numeric grade with only two certified finer. From the Dr. Michael Popoff Collection." This denomination, struck 1950-69, was theoretically a circulating coin but actually was a bullion piece like her sisters, the gold five, ten, twenty and hundred soles.

Recorded mintage: 11,000.

Specification: 23.405 g, .900 fine gold, .677 troy oz AGW.

Catalog reference: Fr-79; KM-230.

Source:

  • [1]Ponterio, Richard, The January 2017 NYINC Sale: Ancient Coins, World Coins & Paper Money, featuring the Richard Stuart Collection, Santa Ana, CA: Stack's Bowers LLC, 2016.
  • 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.

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