Peru 1963-ZBR libra

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Goldberg sale 72, lot 5169
Peru 1963 libra rev Goldberg 72-5169.jpg

This specimen was lot 5169 in Goldberg sale 72 (Los Angeles, February 2013), where it sold for $862.50. The catalog description[1] noted, "Peru. Libra, 1963-ZBR. Indian head. Lowest mintage of series. NGC graded About Uncirculated, Details (Scratches). The Victor Jaramillo Collection." The gold libra superseded the silver sol as Peru's main unit of currency in 1898. The libra weighed the same as a British sovereign and equalled ten soles. The type was struck 1898-1930 and again 1959-69, along with 1/5 libras and 1/2 libras. By 1963, the libra was no longer a circulating coin but a bullion unit, minted to circumvent U.S. regulations on trading in gold.

Recorded mintage: 302.

Specification: 7.99 g, .917 fine gold, .2354 troy oz AGW.

Catalog reference: Fr-73, KM 207.

Source:

  • [1]Ira and Larry Goldberg, Goldberg sale 72: The Pre-Long Beach Auction, Los Angeles, CA: Goldberg Coins & Collectibles, 2013.
  • 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.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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