Peru 1961 50 soles

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Heritage sale 3042, lot 30292
photo courtesy Heritage Auction Galleries

This specimen was lot 30292 in Heritage sale 3042 (Long Beach, September 2015), where it sold for $1,145.63. The catalog description[1] noted, "Republic gold 50 Soles 1961/51 MS66 NGC, Lima mint. Clear 1961/51 overdate. Gem Mint state with unusually vibrant surfaces virtually devoid of any contact marks, as expected for the technical designation. The scarcer overdate variety for this elusive date - mintage is a reduced 1,110 pieces -, conditionally very rare in this superb quality with only 2 coins currently certified finer by NGC from a total population of just four examples." 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: 1,110.

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

Catalog reference: Fr-79; KM 230.

Source:

  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3042, featuring the Read and Bob Bennett Collections, Dallas, TX: Heritage Auction Galleries, 2015.
  • 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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.

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