Peru 1880-BF 5 pesetas
The specimen shown was struck in Peru as an experimental imitation of the contemporary Spanish five pesetas of the same weight and fineness. History does not reveal why this coinage was felt to be necessary as the Lima mint was simultaneously striking the sol, also of the same weight and fineness. One may note that 1880 was in the midst of the War of the Pacific and Lima was occupied by Chilean troops. In any event, the experiment does not seem to have been a success, as no other dates are known from Lima. There are some very rare issues from Ayacucho dated 1881-82 and a medio real dated 1882.
Recorded mintage: unknown.
Specification: 25 g, .900 fine silver, .7234 troy oz ASW.
Catalog reference: KM 201.2 (with dot).
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.