1880 Una Peseta Peru I am hoping someone here can provide more info on this coin since numismatics.org has only limited data on it. I have found more information on the "Cinco Peseta" coin than I can on this "Una Peseta". I am trying to locate it's mintage data , location & history. Trying to determine it's rarity in AU condition. So far this is all I have: dynasty: Peru--Republic obverse type: National arms in wreath obverse legend: REPUBLICA PERUANA LIMA 9 DEC. FINO B. F. UNA PESETA reverse type: Head of Liberty, facing left reverse legend: PROSPERIDAD Y PODER POR LA JUSTICIA (date)
all I can find is this 5.000 g @ .9000 silver = .1447oz ASW Mint: Lima Mintage: ? KM 4th edition (2004) Value: XF=$12.50 Unc = $40.00
I will as soon as it arrives but this is what seller says it looks like: http://www.auctiva.com/hostedimages...ages=349743423,349743482&formats=0,0&format=0
Here is some brief bakground to this coinage: This Transitional or Provisional Coinage was issued between 1880 and 1882 in Peru as an answer to the rapidly devaluing currency which then circulated in the country (the Sol). This devaluation was caused by the economic problems brought about by the on-going war between Peru and Chile, which had started in 1879. Robert Briten, an englishman employed by the peruvian mint designed the coin. The name Peseta was chosen due to the need to differentiate this coinage from the much devalued Sol. It was issued in the 1 and 5 peseta denomination at the capital city Lima, and in 1882, in 1/2 Real and 5 Peseta denomination at the emergency mint of Ayacucho (caused by the Chilean occupation of Lima in 1882). The Lima issues are not scarce. In fact they are quite commonly encountered. This applies to both the 1 Peseta and 5 Peseta coins. On the other hand, the Ayacucho issues are quite scarce, with the 1/2 real being quite rare. This design is considered to be one of the most beautiful peruvian coin designs of the republican period.
Hey no problem Eduard's information was twice as important as what I had to offer ... All I had to do is look it up in K&M ... he actually added some interesting facts about the coin which is always so valuable when collecting!!
Yes, fairly common coin, typically found in the condition you have and sold for between $8 and $15 if you stumble upon one at a coin show. The 5 Peseta, however, is a scarce and expensive crown sized coin in true brilliant uncirculated. I've seen them listed by dealers for around $450. In EF/AU the price drops a great deal, a nice one can be had for well under $100, below $50 in VF/EF.
So I have since discovered. The 1881 & 1882 (1/2 real, uno & cinco pesetas from the ayacucho mint are all more valuable than the lima minted coins.
