Please help to identify the coin

Discussion in 'World Coins' started by GlobeCoins, Jun 8, 2012.

  1. GlobeCoins

    GlobeCoins Member

    Hello,

    Please help to find any information about this coin.
    The coin is gold, the weight is 30 grams, the diameter is 37 mm.

    Thanks in advance.
     

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  3. jlblonde

    jlblonde Señor Member

    That is a very nice coin.

    Unless you don't know latin based script, it's pretty obvious what the coins is.

    Country of origin is El Salvador (located in Central America)
    Year is 1861
    Face value 20 Pesos
    Coin type is an Essai (pattern coin not meant for circulation)
    Size, weight and content as you described above.
    Market value is the current gold BV + 5~10% above spot, maybe more depending on who's selling or who's buying.

    I saw a similar one sold at my local coin shop years ago for $450, but that's when gold was $375 USD an ounce.
     
  4. hontonai

    hontonai Registered Contrarian

  5. GlobeCoins

    GlobeCoins Member

    Thank you.
    The coin is 0.9 gold, I have checked it.
    This information I know but I even can't find this coin in the catalog (Krause) or on the internet.
    May be it's fake ?
     
  6. rickmp

    rickmp Frequently flatulent.

    Read post # 2 again.
     
  7. jlblonde

    jlblonde Señor Member

    True. It is not listed in Krause. At least not in my version.
     
  8. GlobeCoins

    GlobeCoins Member

    This is the reason I am looking for any information about it.
    Usually all coins (even patterns) are listed in Krause but not this one.
     
  9. jlblonde

    jlblonde Señor Member

    There is an X#5 series of the General Barrios issues in the Unusual world coin catalogue, but these are all 1 Peso denominations.

    The gold one peso is listed as rare.

    You will need an expert in El Salvadorian/Central America/Latin American coinage to weigh in on your coin. The essai might have slipped passed Krause and they are not aware of it's existence or it could be a fantasy issue or a fake (copper core with a gold plating).
     
  10. jlblonde

    jlblonde Señor Member

    Krause states that the originals (1 Peso) were produce in bronze and silver. Restrikes in other metals copper, aluminum and gold were made in 1971. There is no mention of the 20 pesos coin you have posted.

    At this point, I would have to say that it is a "Fantasy Issue" and leave it at that until an true expert can give you his opinion.
     
  11. GlobeCoins

    GlobeCoins Member

    Thank you.
    This one (1 peso) I have found in Krause, the last time it has been sold on Goldberg auction for $16,675:

    http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=46&lot=889

    My coin is solid gold (not plated), may be it's fantasy ?

    If someone knows about it, please help.
     
  12. mcrow24

    mcrow24 New Member

    I'm certainly no expert but I did a pretty good seach online and I did find a reference to a 20 peso gold coin being made in small quantities but it didn't have any pictures. You have either a fantasy coin or a pretty rare coin.
     
  13. jlblonde

    jlblonde Señor Member

    Knowing the history behind the coin may help. The history of how you came into possession of this coin I mean.

    How did you obtain it?

    Was it from a dealer, online, junk bin find, swap meet vendor, inheritance, gift from a friend or relative?

    Tracing back the origins, even just a little, might give some indication of it's authenticity to a very small degree.

    Another thing, how do you know it's not plated? I'm not doubting your word, but unless there is solid proof there's no way of actually knowing that it is solid gold. Any unverified clue just muddies the waters.

    I don't know the math, but I'm sure if you measure the thickness, diameter and weight there probably is a formula to determine whether indeed it is gold through and through. Fineness is a different matter altogether. I've heard talk of a gravity test. That might work, but I don't know it's procedure.

    I'm really curious to know. Fantasy or not it is a really interesting coin. I must add that I'm somewhat jealous of your acquisition. He He...:devil:
     
  14. goldducat

    goldducat Active Member

    True. Guys, remember that not every world coin is listed in Krause :)
     
  15. Dzaniska

    Dzaniska New Member

    I have the same exact coin. Only 1 catalog lists its - unusual world coins. From what so far I gathered on the origin of this coin it was actually stroke in 1971 (but still not 100% determined) and few of them only exist. Still looking into it, but very little traceability of this coin..
     
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